Ethereum Price Prediction – Where are ETH prices Going?

[Bitgarden@29]

Despite several crashes, Ether was still on an uptrend. We did witness a heavy adjustment both on the 12th of May and the 7th of September. Despite what the mainstream media said on multiple occasions about ETH prices, it was purely based on FUD and regular descriptive news. Looking at figure 1, we can clearly how ETH prices are on an uptrend, with the previously mentioned price adjustments.

Price adjustments are very important, as they allow prices to breathe after extended uptrends. Most price breathers occur because of profit-taking or a technical short-term bear formed by stronger selling pressure on prices.

For now, prices are definitely eying the upper channel of the uptrend, delimited by the psychological price of 4K, then the previous ATH of USD 4,375.
Source:click