Ethereum price tests the support – Analysis - 23-05-2019

Economies.com
2019-05-23 01:02AM UTC

Ethereum price tests the symmetrical triangle’s support line that appears on the chart, and the price needs to hold above this support as a first condition to continue the recently suggested positive scenario, which targets 300.00 areas on the near term basis.

 

We should note that breaking 240.00 followed by 225.00 levels will stop the expected rise and turn the intraday and short term track to decline.

 

The expected trading range for today is between 230.00 support and 270.00 resistance

The expected trend for today: Bullish

Cryptocurrency Technical Analysis

Crypto News

Cryptocurrency

Ethereum declines as markets process US inflation data
2024-05-16 20:06PM UTC
Most cryptocurrencies lost ground on Thursday as markets processed the latest US inflation data, ...
Crypto News

Cryptocurrency

Bitcoin slides ahead of Powell's remarks
2024-05-14 13:25PM UTC
Bitcoin lost over 2.5% on Tuesday, trending lower for the first time in four days amid risk ...
Crypto News

Cryptocurrency

Bitcoin climbs over 2.5% as the $60,000 barrier holds fast
2024-05-13 13:16PM UTC
Bitcoin rose over 2.5% on Monday, extending gains for the third straight session, as the important ...

Cryptocurrency Technical Analysis

Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) forecast update - 17-05-2024
2024-05-17 09:10AM UTC
Ethereum (ETHUSD) Price Analysis Expected Scenario Ethereum price (ETHUSD) rallies ...
Crypto Analysis

Cryptocurrency

Bitcoin price (BTCUSD) forecast update - 17-05-2024
2024-05-17 09:10AM UTC
Bitcoin (BTCUSD) Price Analysis Expected Scenario Bitcoin price (BTCUSD) resumes its ...
Crypto Analysis

Cryptocurrency

Ethereum price (ETHUSD) tests the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for Ethereum (ETHUSD) Expected Scenario Ethereum price (ETHUSD) shows some ...