ETH –
Technical Observation
Ethereum is currently trading with an increasing bullish bias momentum. Yesterday, Ether rallied a bit higher than expected and even went above the three Simple Moving Averages (14, 52, 90). As i said earlier last month, while the price is above these SMAs, I expect a rally to the upper side. Technically, I expect a surge towards $601.70 and should breakout higher with the next take profit at $722.90. On its way upwards, the key lines to check for include $574.00, $601.70, and $696.10. If these lines are breached, then a rally even higher is expected.
Trade Signal.
Buy Ether towards $601.70
101% Double the volume
You may check other analytical reviews on FreshForex website. Source: freshforex.com.