Ethereum Analysis December 20, 2017

ETH/USDEthereum markets rallied initially during the day on Tuesday, reaching as high as $875. However, we had a significant selloff based upon volume later in the day, but found enough bullish pressure to turn things around and rally a bit. Because of this, I believe that the market is going to go looking to break above the $875 handle, and extend its reach towards the $900 level. Buying on the dips continues to be the best way going forward.
 
ETH/BTC
 
Ethereum rallied significantly