Ethereum Needs to Secure $470 in the Near Future to Confirm Upside

Ethereum has seen some weak price action as it fails to surpass the resistance zone from $470 to $490. Analysts suggest that the cryptocurrency should reclaim the $470 support to confirm more upside. There are “monstrous sell walls” on Coinbase’s ETH market that could limit upside moving forward. It also appears that there are a large number of traders on Huobi that are expecting Ethereum to move lower moving forward. Ethereum Must Secure $470 to […]
Bitcoinist.com

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Author: toutiao