Strong downtrend. Price has already broken the 200 MA and tested Dec 2017 high (~$518), a break through $483 will likely drive price to test next support @$400. could be good entry range for LT investors. COINBASE:ETHUSD
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Indeed ETH tested $400 level and even went slightly lower. LT investors who got in this level is enjoying a 70%+ gain as of this writing.