Ethereum Analysis December 8, 2017

ETH/USDEthereum fell during most of the trading session on Thursday, but found the $400 level to be supportive enough to cause a bounce. By looking at the chart, I see a cluster of trading activity near the $430 handle, so move above there has been bullish of Ethereum again, looking to reach towards the $470 level, possibly even the $480 level. A breakdown below $400 would be very negative.
 
ETH/BTCWith Bitcoin making a new high every couple of hours, it’s not a surprise that this pa