Ethereum price shows weak trades – Analysis - 12-07-2018
Economies.com
2018-07-12 03:54AM UTC
Ethereum price shows sideways and tight trading since yesterday, to fluctuate around the bearish channel’s resistance that appears on the chart, while stochastic begins to lose the positive momentum clearly.
Therefore, we believe that the chances are valid to continue the overall bearish trend, which depends on the price stability below 485.00, reminding you that our main waited target is located at 358.00.
Expected trading range for today is between 400.00 support and 460.00 resistance
Expected trend for today: Bearish
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