Ethereum dropped down below December's lows and hit the support level around $400 on Thursday.
We expect some bullish price action in the coming days but first we need to see a break of the descending trendline and the support level around $400 holding price up.
If price continues further down we expect reactions from the support levels around $350 and $300.
Just as in Bitcoin, it's possible to see some sideways action in the coming days before the either the buyers or the sellers take control.
Good Luck,
CryptoTrendline
We expect some bullish price action in the coming days but first we need to see a break of the descending trendline and the support level around $400 holding price up.
If price continues further down we expect reactions from the support levels around $350 and $300.
Just as in Bitcoin, it's possible to see some sideways action in the coming days before the either the buyers or the sellers take control.
Good Luck,
CryptoTrendline