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ETH/USD Bullish Trends Continue, Retracement Underway

Ethereum (COINBASE:ETHUSD)  
Pixelwyrm  
COINBASE:ETHUSD   Ethereum
Trend Analysis Ethereum (Cryptocurrency) ETHUSD ETH
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trendanalysis ethereum ethusd eth
Amidst evidence of strong bullish trends in Ethereum, some form of retracement is necessary. Converging trendlines over the past couple of hours have indicated that a break upwards could allow for prices to reach targets easily surpassing $500. However, a break downwards could mean retracement to around $430 or lower, which would allow for great opportunities to buy in.
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