Ethereum loses momentum as we had negative tendency in the past 24 hours. I’m far from thinking that this upside tendency that we have seen in the beginning of the week is done, but the correction seems to be deeper than predicted.
Ethereum has reached my targets in the beginning of this week, but then reversed and moved lower. The currency pair has reached the support area at $473.39 and seems to break through it. I think that the currency pair is able to reach another support area at $453.24 before going higher. However, this reverse may happen even before touching this level.
In my personal opinion, Ethereum has targets higher at $500.36 at least. However, the price will reach them in a couple of days. I am almost persuaded that this bullish holiday will go on. However, currently it is hard to be 100 percent sure in this.
Check the full crypto analysis HERE>>>.
Ethereum has reached my targets in the beginning of this week, but then reversed and moved lower. The currency pair has reached the support area at $473.39 and seems to break through it. I think that the currency pair is able to reach another support area at $453.24 before going higher. However, this reverse may happen even before touching this level.
In my personal opinion, Ethereum has targets higher at $500.36 at least. However, the price will reach them in a couple of days. I am almost persuaded that this bullish holiday will go on. However, currently it is hard to be 100 percent sure in this.
Check the full crypto analysis HERE>>>.
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