IMPORTANT DISCLAIMER

ETH/USD 05.10.2017

- ETH was only able to reach an intermediate $315 resistance level and started moving slowly to the stronger $280 resistance level. Speculative purchases near this price are likely to produce results for traders again.

- Let’s stress one more time that if the price dips below $280 and remains there long enough, it may be a while before we see another return to maximums. The next targeted support levels are the so-called round figures — $250 and $200.

- The following resistance level in the $340 area is relevant, and another approach to it may be understood as the start of a new wave of Ethereum price growth. So it’s not worth selling it; a downtrend is expected.

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