ETH/USD Medium-term Trend: Ranging
Resistance Levels: $260, $280, $300
Support Levels: $200, $180, $160
Yesterday, September 26, the ETHUSD pair was in a bullish trend. Price of the digital currency had been fluctuating above the $200 price level. Then at a price of $211.27, the ETH price made a bullish movement to the high of $222.39. Presently, the cryptocurrency is in a range bound movement and price may face resistance at the $220 price level.
Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The Relative Strength Index period 14 is level 44 which indicates that price is in the sideways trend zone.
ETH/USD Short-term Trend: Ranging
On the 1-hour chart, the price of Ethereum is in a sideways trend. The digital currency is fluctuating between the levels of $200 and $220. The price is below the 12-day EMA and the 26-day EMA which indicates that price is in a bearish trend. The MACD line and the signal line are above the zero line which indicates a buy signal.
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.
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27-09-2018, 09:00 AM #1
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Ethereum (ETH) Daily Price Forecast – September 27
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20-11-2023, 10:03 AM #2
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No tips are best but some tips can give you handsome amount of profit on average. First, take lessons from your mistakes and trade with a regulated broker. To start trading with FXOpulence broker, your minimum deposit is $100 and their support is highly praiseworthy.
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13-12-2023, 05:24 AM #3
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It's great to hear that you find forex trading comfortable and profitable, especially with your choice of Tickmill. Feeling that your capital is safe and experiencing comfort while trading is crucial, and it's fantastic that you've found that with Tickmill.
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