Ethereum Price Analysis: ETH Loses Daily Uptrend as Big Move Imminent

Ethereum price (ETH) is moving but does it have enough ‘umph’ to overcome the $250 resistance? Ethereum Price Analysis: Market Overview In mid-May Ethereum mirrored Bitcoin’s parabolic move and similar to Bitcoin, ETH currently trades within a narrowing symmetrical triangle. Over the coming week, traders should expect Ethereum price to make a drastic move. As many analysts have already pointed out for Bitcoin, symmetrical triangle patterns have typically had a 60% chance of continuation afterRead MoreThe post Ethereum Price Analysis: ETH Loses Daily Uptrend as Big Move Imminent appeared first on Bitcoinist.com.