ETHEREUM Bulls Arrive!! -- ETH Up Over 10% On The DailysteemCreated with Sketch.

in #ethereum6 years ago

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The bulls are back. We're seeing more and more solid bull volume coming in, demonstrating that we should have a solid upward move after weeks of pullback and extreme oversold conditions.

Support bounced off $167 where we now saw a move up and over 20% to current prices over $200. Support is sitting tight at $199.75 ($200 psychological).

There's a lot of resistances up above, but if things keep looking the way they have been for the bulls, we will blow by these resistances no problem. Current resistance is at $208, then $210, $214, $220.

Let's hope this momentum continues. Bitcoin is looking very bullish as well, so we hopefully should see some strength to the upside.

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Thanks for the update , we see if this follows through

looks good so far. bear volume has been decreasing.

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