Ethereum price heads towards the support – Analysis - 20-02-2019

Economies.com
2019-02-20 05:15AM UTC

Ethereum price shows some bearish bias on its way towards potential test to the key support base 137.24, accompanied by stochastic reach to the oversold areas, while the EMA50 keeps providing the positive support to the price.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, and the price needs to confirm heading towards 170.76 as a next station, reminding you that it is important to hold above 137.24 to continue the suggested rise.

 

The expected trading range for today is between 140.00 support and 170.76 resistance

The expected trend for today: Bullish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Bitcoin moves in a negative zone amid a sudden drop in exchange funds investments
2024-04-25 12:11PM UTC
Bitcoin fell on Thursday, extending losses for the third straight session and moving away from ...
Crypto News

Cryptocurrency

Ethereum tumbles by 2% as risk appetite softens
2024-04-24 20:52PM UTC
Most cryptocurrencies declined on Wednesday amid a weakening risk appetite ahead of important US ...
Crypto News

Cryptocurrency

Bitcoin rushes to week high as the halving event wraps up
2024-04-22 12:33PM UTC
Bitcoin rose on Monday to a week high above $66 thousand as the halving event ended officially with ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) tests the resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
Bitcoin (BTCUSD) Price Analysis Expected Scenario The Bitcoin price tested the 65391.74$ ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) tests the support base – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Ethereum (ETHUSD) Price Analysis Ethereum price (ETHUSD) faces negative pressure to test the ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) breaks the support – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Bitcoin (BTCUSD) Price Analysis Bitcoin price (BTCUSD) faced clear negative pressure yesterday ...