Ethereum price approaches the first target – Analysis - 16-04-2019
Economies.com
2019-04-16 03:40AM UTC
Ethereum price resumed its negative trading clearly to approach our first waited target at 154.00, and as long as the price is below 170.76, we suggest the continuation of the bearish bias in the upcoming period, noting that surpassing the first target will push the price towards 137.24 on the near term basis.
Moving below the EMA50 supports the expectations to decline, while breaching 170.76 will open the way to extend Ethereum price gains to reach 191.50.
The expected trading range for today is between 145.00 support and 170.00 resistance
The expected trend for today: Bearish
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