Ethereum (ETH) Long Term Price Forecast- December 15

2018-12-15 10:16

ETH/USD Long-term Trend: Bearish

Resistance Levels: $350, $370, $390
Support Levels: $70, $50, $30

The ETH/USD pair had been in the bear market from the month of May to December 2018. The 12-day EMA and the 26-day EMA are trending southward. And the price of Ethereum is trading at $85.42 as at the time of writing. From the weekly chart, the Stochastic oscillator is in the oversold region and below the 20% range. This implies that the crypto’s price has a strong bearish momentum and a sell signal.

That is the crypto has the chance of further depreciation between the lows of $60 and $70.Meanwhile, the crypto's price is below the 12-day EMA and the 26-day EMA which indicates that a bearish trend is ongoing. The MACD line and the signal line are below the zero line which indicates a sell 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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Ethereum (ETH) на Currencies.ru

$ 3357.85 (+0.43%)
Объем 24H $45.585b
Изменеия 24h: 7.68 %, 7d: 7.14 %
Cегодня L: $3039.69 - H: $3364.01
Капитализация $404.378b Rank 2
Цена в час новости $ 83.49 (3921.86%)

eth ethereum usd ema levels price december

Источник: bitcoinexchangeguide.com

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