ETHEREUM PRICE UPDATE

Like bitcoin and a vast majority of cryptocurrencies, ethereum has been experiencing corrections lately after hitting its high around $1432. Further deep in price is a huge probability, but a break above the upper line at anytime will confirm a resumption of the uptrend.

So around which area will be best to buy Ethereum? To get an approximate area, we try to predict the bottom of the correction. I pulled out the fib retaracement on the low at $390 to the high at about $1432 and a range of between $602 and $666 will be an awesome position to buy Ethereum and HODL for long term profits.

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