Ethereum is currently testing the resistance area around 150-165 $. I expect fast down movement if this resistance should not break within next days. If this resistance break expect up movement to 200 $ which is major resistance for further growth. More likely is an soon down movement to around 120 $ which is an major support. If this support doesn´t hold we will see a new low at around 50 $ which is in my opinion bottom area/ price area for major investors.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
