Ethereum (ETH) Daily Price Forecast – August 3

2018-8-3 12:14

ETH/USD Medium-term Trend: Bearish

Resistance Levels: $440, $450, $460
Support Levels: $420, $410, $400

Yesterday, August 2nd, the ETH price was in a bearish trend. The cryptocurrency is still on the downward trend. The Ethereum price is now out of the range-bound zone after the price fell to the low of $401.38.This was the previous support level of Ethereum. Traders can initiate long trades and a stop loss at $350.

Nevertheless, the MACD line and the signal line are below the zero line which indicates a sell signal. In addition, the price of ETH 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 32 which indicates that market is oversold suggesting bulls to take control of the market.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the ETH price is in a smooth bearish trend. The ETH price is making a lower highs and lower lows price movement. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the price of Ethereum is below the 26-day EMA and the 12-day EMA which indicates that a bearish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2435.31 (+0.54%)
Объем 24H $18.068b
Изменеия 24h: -1.15 %, 7d: -6.97 %
Cегодня L: $2366.56 - H: $2441.78
Капитализация $293.253b Rank 2
Цена в час новости $ 410.59 (493.12%)

price trend eth levels bearish ethereum august

price trend → Результатов: 126


Фото:

Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]

2020-11-1 04:00