Ethereum has broken it's previous resistance level of $396 and now it's staying at another resistant level at $420.
We need to wait to see if it will be able to break this level further or not.
Indeed it's a breakout from the price level of $315 but I'm gonna wait for the price to show potential pattern before I will call it a huge breakout to $500 mark. :D
Let's wait and give it some time to grow :D
The price of the Ether, which had declined since its last record high at $ 400 last June, could reach new heights.
The rise in the price of Bitcoin beyond $ 8000 seems to have benefited a large part of the "altcoins", with rising trends observed especially on DASH and Monero.
And it could now be the turn of the Ether to shine, as it has almost equaled its previous record of 400 dollars, after a downward trend started since mid-June.
Ether, which is already the second largest market cryptocurrency in the market, is right behind Bitcoin in terms of notoriety.
If this is the latter that seems to attract the most attention from the media and observers, partly because of its rise of more than 700% since the beginning of the year, it should be recalled that the price Ether had started 2017 at less than $ 8, and has since recorded a rise of about 5000%.
Now, the Aether seems ready to really break the $ 400 mark - and there is every chance that the rise will continue, as was the case for DASH, which has almost reached $ 600 this week, before a retracement to around 550 dollars.
@rasif hope Eth will rock soon :)
It's rocking already :D
¡Smile god loves you! :)
Aww! So Nice of you :D
I really liked your post. I have been the biggest fan, investor, supporter, proponent of the Ethereum blockchain.
You can also check my post out on Ethereum with a long term analysis:
https://steemit.com/cryptocurrency/@cryptogem/cryptocurrency-technical-analysis-daily-20th-nov-2017
https://steemit.com/photographer/@natural.beauty/falling-afternoon-nature