theCrypster

ETH Stuck until Bitcoin's Halving

KRAKEN:ETHUSD   Ethereum
Given the volatility of the past few weeks you might imagine this uncertainty to continue, our current thinking is that ETH will be ranging between $170-190 for the next couple of weeks until early/mid May (Bitcoin's Third Halving). There may not be an immediate explosion there after, it may take some time to build momentum, but ETH, along with a host of alt-coins, is going to get swept upwards with Bitcoin sometime very soon.

These support/resistance levels have historically been quite strong, but given how tight the space is between them and the current market conditions, we wouldn't be playing the range game here. Don't place your bets just yet, but definitely get your coins ready to go at a moments notice! Expect a pump from $190 in the coming few days!

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