Ethereum is growing in price with variable success. As we expected, in the $ 570 - $ 580 zone, there was a struggle between buyers and sellers of Ethereum. Only now it is clear that the buyers of Ethereum are winning, and its course is on growth.
Priority of the day: growth of ETHUSD rate to $ 608.
We remain on the side of the bulls today.
Projected scenarios:
1. ETHUSD rate will rise from $ 580 to $ 608.
2. Ethereum rate may continue lateral movement, therefore not reach out target today.
Alternative scenario:
Still there is a possibility of a drop in the rate of Ethereum from $ 580 to $ 540. The volumes for the sale of Ethereum were the same as for the purchase, so the scenario of the drop in the rate of Ethereum can not be ruled out.
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