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#ETH Analysis : #ETH is been is been retracing a bit from the a strong flip area working as support around $$2,850 - $2,870. This is a newly discovered range where price can move, and next resistance area is at $3,250 - $3,275, where price will reach out…
#ETH UPDATE :

#ETH approaching towards the resistance and in the higher TF (Daily TF), we can see falling wedge pattern forming, where breakout is still pending. Well, the price looks kinda consolidating alot, and a good sign too. A breakout will the market in the all-season, so eyes on the breakout and #BTC.D too.



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#ETH UPDATE :

#ETH approaching towards the resistance and in the higher TF (Daily TF), we can see falling wedge pattern forming, where breakout is still pending. Well, the price looks kinda consolidating alot, and a good sign too. A breakout will the market in the all-season, so eyes on the breakout and #BTC.D too.

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Date: |

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However, analysts are positive on the stock now. “We have seen a huge downside movement in the stock due to the central electricity regulatory commission’s (CERC) order that seems to be negative from 2014-15 onwards but we cannot take a linear negative view on the stock and further downside movement on the stock is unlikely. Currently stock is underpriced. Investors can bet on it for a longer horizon," said Vivek Gupta, director research at CapitalVia Global Research.

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