Despite Surging 15% From Lows, Ethereum Still Isn’t Bullish

On the weekend, Ethereum plunged lower as the altcoin market bled out. At the local lows, the price of the leading altcoin hit $310-315, the lowest price in many weeks. This meant that from the $490 year-to-date highs, the cryptocurrency had retraced over 35%. Since those lows, ETH has bounced by over 15%, reaching $360 on Thursday morning. Ethereum still isn’t in a bullish state despite the rally. Analysts see the cryptocurrency rejecting $380 in […]
Bitcoinist.com

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Author: toutiao