Crypto bulls should be delighted by the market action today, as the major coins rebounded quickly from the South Korean ICO ban sell-off. Bullish reaction to negative news; it is arguably one of the strongest indications of buying power behind a trend. That said, the most valuable currencies are still fighting with strong resistance levels, as Bitcoin remains close to $4150, while Ethereum is still stuck below $300. ETH’s exposure the ICO’s caused a deeper decline today in early trading but the $285 support held up once again, and the coin continues to act positively. ETH/USD, 4-Hour Chart Analysis The […]
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