Will Ethereum Pull Back to Technical Support?




Most technical traders live and die by support and resistance levels as the most steadfast rules of trading. Some of the hottest trading around today involves cryptocurrencies, with Bitcoin, the most famous among a pack of digital assets, sizzling upwards to the tune of some 1,500% in 2017 alone. Ethereum, while widely associated with Bitcoin, is different because it is more than just a digital currency; it has more features and blockchain applications.

Without going down that rabbit hole to explain the difference, Ethereum has experienced an even bigger climb over the last year, gaining 5,221% across the same time that Bitcoin has climbed 1,989%, according to the latest data on coinbase.com Thursday morning.

Question is: Currently trading about $433, will Ethereum…


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