Ethereum (ETH) Technical Analysis (June 12, 2018)

It’s clear that holding coins in your portfolio is a “painful” thing right now. Before last week, we were bullish. However, following June 10 events and a consequent 15 percent Ethereum value erosion within 24 hours, there has been a calibration. In this new picture, sellers are spearheading this new chart driving prices below $500. If this pace continues, we are likely to see Ethereum at $350 in the coming days.
Let’s look at these charts:
From the News
There is a reason