Ethereum Analysis December 18, 2017

ETH/USDEthereum initially fell during the trading session on Friday, testing the vital $600 level. We have rallied significantly since then, so it looks as if this market is going to continue to be a “buy on the dips” situation. I believe that eventually we will go looking towards the $700 level, and that of course the $800 level after that. A breakdown below $600 could send this market down to $500.
 
ETH/BTCEthereum broke down against Bitcoin, and now that we are below the 0.0