Ethereum has been in a downwards trend for quite a while now. Some rumors went that it could go down all the way back to the 40-50 dollar range. Everytime the price goes up for some hours however, articles like these pop up, suggesting that everything will be alright again. However as great as it may look, a 20 hour surge in price. I have to inform you all that until this point right now, we are still within our downwards trend tunnel within the .382 fib level. It could go two ways now, either back down all the way until the 110 level, or back up towards the 227 resistance or even beyond! Will ether keep surging? Or is this just another small correction in a downwards trend? Let me know in the comments!
trade on bitfinex: https://www.bitfinex.com/?refcode=vS175fhx5L
My number one choice since its one of the most trusted, largest exchange, has the newest coins and allowed you to make profit with the coins you are not trading through peer to peer funding.
Want to make awesome charts like these? Use the coinigy platform! All your exchanges in one place with all the tools you need!
https://www.coinigy.com/?r=586f0c36
Follow me for more crypto posts. Soon I will share comparisons of all cloud mining and crypto funding platforms so you know for sure which solution works the best for you!
