Sorry to disappoint, but it’s not that simple.
No one can pinpoint when cryptos will surge (don’t trust anyone who says they can predict with 100% accuracy). Animal spirits still play a huge role in price dynamics, meaning that what people feel about cryptos actually matters.
So, unless an analyst can read minds, it’s impossible to accurately.
The post Ethereum Price Forecast: Animal Spirits Make ETH Technicals Hard to Read appeared first on Profit Confidential.
Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-animal-spirits-ethereum-technicals-hard-read/ February 27, 2018 Gaurav S. Iyer, IFC