Ethereum Analysis December 29, 2017

ETH/USDEthereum fell initially during the trading session on Thursday, reaching towards the $675 level before bouncing. It looks as if we are ready to rally though, and I think the market is probably going to go looking towards the $770 level above. A break above the $775 level opens the door to $800 next. If we do fall from here, I expect to see massive support at the $600 handle.
 
ETH/BTCEthereum continues to fight against Bitcoin which of course has been a bit soft. I think we are curre