BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Ethereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA . Although we are consolidating below resistance ( bullish ), the break of $3336 with an hourly close above that price would favour higher prices.

In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the 15 and 30 EMA to fall below the 50 EMA . This will result in a drop to 3055.

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