Ethereum technical analysis this year, 2018

[Domithra]

From a critical look of the market trend of ethereum, it seems there are chances of the ethereum retracing the previous tracks in pricing.

An expert, Dalmas Ngetich claims,

Even though Ethereum is trading at 50 percent of its ATHs, chances are it might retrace in the coming days. In the last 24 hours for example, it is down three percent after failing to surge past $900 earlier this month. Now, because we have these lower lows, taking shorts might be a good trading strategy that flows well with the current trend

Good predictions seems to be hitting Ethereum as it will crawl through the bear market in no time and enter the bull market. From Nigel Green , the co-founder of the deVere Group, Ethereum is more likely to hit $2500 by the close of this year.

[dominoes]

Close to reality. Thanks for giving us hope about this. Hopefully this will serve as key to unlock the tressure from the box to be able to gain the strength and courage to hold and wait for 2500$. Stay strong.