Ethereum: next breakout?

in #ethereum7 years ago

Ethereum can finally find ground after yesterday's resetting of up to US $ 100. It looks as if investors have now stood the mark of 350 US dollars as support. At the current hour the course fights with the R1 Pivot-Level, which is shown in the charttableau, which can be considered as a resistance. But the bulls should win the upper hand at this level, and they are already waiting for 390 and 400 US dollars.

In order to advance strategically in the new territory, the pivot indicator offers its help. The implemented R2 level could thus be seen as the next price target to the north - also subordinated the symbolic brand of 500 US dollars.

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