Ethereum price crawls downwards – Analysis - 05-12-2018

Economies.com
2018-12-05 05:19AM UTC

Ethereum price resumes its negative trades after the rise that it witnessed yesterday, to gradually approach 100.00$ barrier, to keep the bearish trend scenario valid for today, supported by the negative signal provide by stochastic.

 

Breaking the mentioned level will push the price towards 90.00 as a next station, while breaching 118.10 will stop the expected decline and lead the price to turn to rise.

 

Expected trading range for today is between 90.00 support and 115.00 resistance

Expected trend for today: Bearish

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