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After booking a new all-time high the price for Ethereum has consolidated and revealed a channel up pattern. Moreover, the 55-hour SMA had approached the ETH/USD rate and started to push it up. The near term future depended on whether or not the rate manages to pass the 1,700.00 level. In the case of the pair passing the 1,700.00 mark, it
The price for Bitcoin recently tested the January high level just below the 39,900.00 mark and failed. However, another attempt at that level is expected. Namely, the BTC/USD rate is expected to gain support from the lower trend line of the channel up pattern that has guided the rate since the second half of January and the 55, 100
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