Mid-day update of the price of Ethereum 25-01-2018
The price of the Ethereum is below the 1068.17 level now, which requires attention from the next trading. The stability of the price below this level will confirm that the price will return to the corrective correction which starts at 958.16 and extends to 848.14, while rising above it will push the price for positive gains. Up to 1204.28 initially.
Therefore, we prefer to stay neutral now to monitor the daily close for the 1068.17 level and determine the next direction more accurately.
The trading range for today is among the support at 1000.00 and resistance at 1204.00
The expected general trend for today: neutral
@ohamdache would you suggest i buy ethereum?
or should i wait to monitor how stable the value will be.
Thank you.
@promisenyah
As many investors out there are predicting the bitcoin is ready for the bull run, i can say the same for ethereum as the bitcoin will grape all alt-coin with him in the next surge.