Since bottoming out around $200, ether has spent several weeks bouncing back and forth inside an ascending channelFigure 1 ETH-USD, 4-Hour Candles, Ascending ChannelFor the last month and a half, ethers trend has been contained within the bounds of this ascending channel, where it has continued its bullish rally. However, today as of the time of this article it is starting to make moves to aggressively test the lower boundary. Specifically, as ether tests this channel, it is forming a potenti

Source and More information: Ether Price Analysis Eve and Adam Could Be Turning Back the Bulls

Author: CryptScout.com