ETHEREUM PRICE ANALYSIS

Last 2 days of June brought about a sudden reversal in the market. First week of July pushed the price further as speculators on the futures market lined up with orders. The bulls expected to push price to $500 but didn't succeed as the bears returned sliding the price. Intersection between the 20-DEMA and 50-DEMA indicate a fall and price is expected to bottom at the support level of $362.49. Still eyes on BTC price as a plummet is mostly followed by alt coins.