Ethereum Price Analysis

February 7, 2018 – daily Ethereum Price Analysis.

Key Highlights:

ETH lifted off from the $800 support level earlier today
Ethereum is now in bullish territory, heading toward a resistance level of $850
The Bollinger bands are also showing that another daily high could transpire

Ethereum Testing New Resistance At $850

ETH was able to break through the $740 resistance level from yesterday and lifted off from there to above $800. The $800 price point can be considered a major support level for today.

Currently, ETH is trading at $846.38, recovering its losses the …

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