NEWS:Crypto exchanges are set to rake in twice as much money as last year even though bitcoin is down 51%.--YAHOO FINANCE.
.After rebounding from the lowest $250 for the past two days,Ethereum price keep a strong rise momentum,now is approach to near $320.That look like some investers buy more Ethereum at the bottom which support the price.
The technical structure suggests short-term rise continue.
Expect to test $350.
Weak support lies at $300.
Weak resistance locats at $350.
Strong support is given at $200.
Strong resistance remains at $510.
As long-term opinion
. Ethereum will up-tend as long-term,the amplitude may not strong as before but will more steady.There is looklike that the currency could sideways trading between $330 - $1'100 in 2018.
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