nulltxmark

ETH Charts Looking Promising

Long
BITFINEX:ETHUSD   Ethereum
Ethereum has been doing relatively well the past two weeks. After hitting a yearly low of $170 earlier this month the ETH market has been mostly staying up above the $200 level. Now that Google reversed it's ban on crypto ads and the overall cryptocurrency market is rising, ETH joined the party. ETH is up only 5% but the charts look promising. The RSI is healthy and the trend is looking bullish. There is strong support right at the $214 levels, and current resistance is at $240.

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