ETH to keep its uptrend + possible athThe curve moves within a ascending triangle pattern – RSI & MACD lines indicate an uptrend.
If ETH breaks resistance within the next few hours the former resistance will become support. If LTC drops after its rally yesterday, the volume on ETH could rise significant and it could be even possible for ETH to break the second resistance and set a new all time high. Otherwise it will bounce on resistance and have to test again.
Eth-ath!
Ethereum is at the Start of Something Serious At the beginning of the alt coin bonanza when someone told me about Ethereum, I kinda had a look at it in it's initial stages and though 'meh' I was riding high on the big boy Bitcoin (still do) but as it came and the years went by their tech and the tech of many coins improved. Innovation!
Innovation it was key to grab yours and my own attention. Ethereum is one of the many new greats I will be posting about. It is potentially going to the Bitcoin of the corporate world, it will be a saviour for many. Most of you on here don't need the lessons on how effective it will be in the future.
Now back to the story. This week ETH will either make some grounds and start creating that new floor of resistance, and start a bit of a climb of organic growth. Being that in the future we should expect to see huge gains in ETH even to $200+ its got to start somewhere and I think its at the beginning of the climb.
As you can see in my graph there is a smiley face, a plane and a rocket. This is usually a good sign when these are in charts.
I would say we could expect in the nearer future to see either a price drop but more likely are to start seeing gains heading towards ATH. News is coming approaching soon and rumours are that another big corporate will be adopting Ethereum technology. We are sure to see more Ethereum technology on the next version of Windows after the release on Microsoft Suite. We hit a few roofs but it must keep going.
"Fight through that shit. Cause a year from now, when you're kickin' it in the Caribbean you're gonna say, "Marsellus Wallace was right.""