Ethereum price loses momentum – Analysis - 10-08-2018

Economies.com
2018-08-10 03:41AM UTC

Ethereum price did not show any strong move yesterday, to remain stable around 358.00, noticing that stochastic loses its positive momentum clearly to reach the overbought areas, which supports the chances of resuming the expected bearish trend for the upcoming period, which its next target located at 310.00, while achieving it conditions holding below 425.00.

 

Expected trading range for today is between 330.00 support and 380.00 resistance

Expected trend for today: Bearish

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