Ethereum Price Forecast: Animal Spirits Make ETH Technicals Hard to Read

Ethereum News Update
As cryptocurrency markets continue to trade sideways, investors are growing impatient. What happened to three- and four-digit returns? Where are the epic rallies?

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

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