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Ethereum Analysis January 16, 2018

The Ethereum price seems to be holding above $ 1300 with a growth of 2.12% in the last 24 hours. The market price in general proposes a bullish negotiation which is convenient for those who waited for a signal that would help us to leave the bad patch of last week.

Ethereum markets rallied significantly in recent weeks, but Monday was fairly calm. It seems that the $ 1300 level offers some support, as does the uptrend line just below the price. I think it's only a matter of time before we reach a $ 1400 level. If we divide below the bull trend line, the market sends this market to the $ 1100 level.

ETH / BTC Analysis

Ethereum markets rallied significantly in recent weeks, but Monday was fairly calm. It seems that the $ 1300 level offers some support, as does the uptrend line just below the price. I think it's only a matter of time before we reach a $ 1400 level. If we divide below the bull trend line, the market sends this market to the $ 1100 level.

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