Ethereum (ETH) Daily Price Forecast – October 22

2018-10-22 10:02

ETH/USD Medium-term Trend: Ranging

Resistance Levels: $240, $260, $280
Support Levels: $200, $180, $160

Last week the ETH/USD pair was in a bullish trend. On October 15, the digital currency reached the high of $242.62 in a price rally but pulled back to the low of $214.31. Later, the crypto’s price fell to the low of $204.93 and commenced a range bound movement. Today, the crypto’s price is still ranging above the $200 price level.

Price of Ethereum is likely to continue its range bound movement as the 12-day EMA and the 26-day EMA are horizontally flat. Meanwhile, the MACD line and the signal line are at par with the zero line which indicates a neutral signal. In addition, the price of Ethereum is below the 12-day EMA and the 26-day EMA which indicates that price is in the bearish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Ethereum is in a bullish trend. The crypto’s price likely to rise because the price is above the 12-day EMA and the 26-day EMA which indicates that price is in a bullish trend zone. 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

$ 3086.42 (-0.26%)
Объем 24H $10.931b
Изменеия 24h: 0.22 %, 7d: 4.13 %
Cегодня L: $3055.33 - H: $3131.6
Капитализация $370.761b Rank 2
Цена в час новости $ 204.99 (1405.64%)

price eth levels trend low usd october

price eth → Результатов: 126


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