ETHLend is a decentralized peer to peer lending platform that allows people all over the world to get a loan or become a lender. As a decentralized platform, using the Blockchain technology we enable you to get or fund a loan within minutes in a secure way. It has a market cap over $11.1 million, a circulating supply over 1.11 billion and has traded over $2.7 million in the past 24 hours according to CoinMarketCap.com.
LEND/BTC is breaking out of a basing formation that it has been trading in since mid-November. The range of the formation is about 0.000000650, but with the degree of retracement of the November sell-off, it would provide a target near the November high at 0.00000340. A potential stop could be placed below 0.00000230.
