ETH/USD and ETH/BTC Technical Analysis June 26, 2017

Hello and welcome to News BTC’s Market Outlook June 26.[embedded content]


Ethereum markets rallied a bit during the day on Friday, as we continue to find a certain amount of bullish pressure underneath. The $300 level should offer support, and I believe that the market is going to continue looking for higher pricing, closer to the $360 level.


Ethereum initially tried to rally on Friday but found enough resistance above to turn around against Bitcoin. It looks as if the market is attracted to the 1.12 level, so I think that a little bit of a dip from here should provide a buying opportunity between present levels and 0.11 below. A break above the top of the range for the session on Friday should send this market looking for the 0.14 handle.

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Source: Newsbtc