On the daily chart of ETH/USD price on Bittrex I see that ethereum managed to to break through short term declining channel and is going to move up to the top line of the ascending triangle:
Reverse hammer candlestick that is appearing today confirms that pretty soon ethereum (ETH) will go up.
From fundamental point of view everything is good: pretty soon (I guess in first week of October) Byzantium (Metropolis pt 1) hard fork that already went live on Ropsten testnet, will happen and this, from my point of view, should also push ETH price up.