Market Review. Results of the Day. Etheric Analysis. 01/29/2018

January 30, 2018

Market Review. Results of the Day. Etheric Analysis. 01/29/2018

Changes (over the weekend):

BTC $11,208

ETH $1,176

XRP $1.28

BCH $1,688


Technical analysis.

ETH support level is $1,160, resistance level is $1,230.

Continuation pattern keeps on forming on ETH chart. In case of breaking down the support level of $1,160, the target is $1,100. If the rate breaks pattern's lower bound of $1,100, then the target is $700.

In case of breaking out the resistance level of $1,230, the price may grow to $1,400 and check its all-time highs. 

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