Ethereum Analysis January 29, 2018

ETH/USDEthereum markets fell a bit during the trading session on Friday, as we continue to see softness in the crypto currency markets. The $1100 level is the top of the current trading range, with the $900 level offering support. With this, I suspect that we will drift a little bit lower, but I’m not expecting much considering that there isn’t very much of volume to be found in the crypto currency market. ETH/BTCEthereum rallied slightly against Bitcoin, but still remains in the consolidation area that we had been in previously. The 0.10 level above offering resistance, while the 0.08 level offers support. I believe that this market continues to go back and forth, showing signs of resiliency, but I think at the end of the day, there isn’t much to do other than scalp back and forth. Ethereum Analysis January 29, 2018 was last modified: February 15th, 2018 by Christopher Lewis