Ethereum Analysis December 27, 2017

ETH/USDEthereum rose slightly against the US dollar during the trading session on Tuesday, as we continue to grind higher. However, the $760 level has offered resistance again, so it remains to be seen whether we can hang onto these gains. For what it’s worth, the stochastic oscillator has crossed over in the overbought condition on the 4-hour chart, so we may need to pull back a little bit to build up enough momentum to break out to the upside. Volume is almost nonexistent.
 
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