The huge trading volumes recently verified showed us a clear sign that accumulation is really maintaining an upward long nice figure and demonstrated that present level is a nice bargain. Market mood continues with the bulls, even with the mess mishap that occurred in the Korean scenario this week with UPBIT, as prices are beginning to firmly react. Good news for Ethereum, though, are still expected to be a must as the blockchain reveals superior token performance in the long run.
Graphically, ETHEREUM behavior in the short range has a negative trading view and is testing the US$650 range where buyers are climbing inside profiting the actual bargain. Price consolidation above such area will push up values again to the recently achieved US$830 levels and finally attaining a good profit at US$980, the current medium-term objective. A target for 2018 move can be collimated around the vicinity of the ultimate 1350 mark (last January). Volume accumulation is fairly good, considering the huge family of alt coins. In the pessimistic view, closing figures below US$650, might force the direction to the US$590 mark, where buying recommendations will be gratefully granted.
To increase the significance of our present overview, it's interesting to point out the new Ethereum Futures trading platform are being implemented in the British Environment. Needless to say that such Token is the second most liquid cryptocurrency after bitcoin and deserves such facility on the run. It is without any doubt, that the asset will continue a long upward trend.