BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Ethereum dropped down below December's lows and hit the support level around $400 on Thursday.

We expect some bullish price action in the coming days but first we need to see a break of the descending trendline and the support level around $400 holding price up.
If price continues further down we expect reactions from the support levels around $350 and $300.
Just as in Bitcoin , it's possible to see some sideways action in the coming days before the either the buyers or the sellers take control.

Good Luck,
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