Still high risk for people looking for short-term
Ethereum's Analysis
ALTCOINS ANALYSIS
Ethereum had a range trend, which is still high risk for people looking for short-term, volatile buys. The condition for reaching the $1,400 resistance is to break $1,345. So, until the resistance of $1,345, which is in the zero Fibonacci range, is broken, you should not take a long position. Breaking the support of $1,319 is the start of a fall toward $1,303 and even $1,259. Keep in mind that dealing with support can cause a reaction. Be sure to use risk and asset management in your trades.
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