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ETH Update-Bulls trying to establish the floor! Battle continues

BITFINEX:ETHUSD   Ethereum
Welcome to an update on ETH price for March 9, 2018:

Currently ETH is in the process of establishing the floor but bulls have a lot to overcome further price declines. It is very critical to hold $700. ETH is still under the pressure of the red line and need to break out of the red line as the first battle against the bears. Any weakness sensed by the red line can send the prices to retest lower support and even various support lines in the chart. watch out for additional update from the sidelines on the fight of Bulls Vs. Bears.

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