Ethusdanalysis
Ethereum Price Analysis and Prediction - Bulls Coming in HOTTTT
Relative Strength Index: The RSI is currently at a relatively high 60 points, meaning the market is somewhat overbought and we should expect a slight correction downards.
Bollinger Bands: The price is within the BB range, yet it's still above the MA. This also means a slight retracement in the next few hours is likely.
Volume: There is moderate to low amount of volume, which signals that the market can move a few percent in either direction and is not out of fuel.
Ethereum Price Prediction
In my previous Ethereum price prediction, I predicted that:
“ETH will stabilize around $170 and trade sideways for the next few hours.”
While Ethereum did have it’s dips and peaks, it looks like the $170 level is a favorite position for ETH. As such, I will continue with my prediction that ETH will once again dip to the $170 support level, before moving upwards to try and test the $180 support. If ETH can successfully hold $180, $190 will follow shortly after as ETH doesn’t like to trade sideways at the $180 level.
Read Full Ethereum Price Analysis and Prediction: NullTX
ETHUSD approaching support, potential for a bounce!
ETHUSD is expected to drop to 1st support at 148.16 where it could potentially react off and up to 1st resistance at 180.17.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
ETHUSD will hit at 669 Dollars."In the name of Allah, the Most Gracious, the Most Merciful"
ETHUSD Target is 669 Dollars.
Note: This is only for Educational Purpose this is not Investment advice.
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Adil Khan
#ETHUSD#Ethereum, Will the positive momentum hold up?the crossing of the stochastic plus its high enough level indicates that the correction has not finished.
the second reason for our bearish signal is the proximity of resistance to $ 230
All cryptocurrencies are under pressure for some time.
Target: $ 184
#ETHUSD#Ethereum, Already going back to business?The trend in the daily graph is still bearish.
The support that broke in last week became resistance, basically the line we added in the above graph at $ 197 is used today as important resistance and currently, Ethereum is in the breaking stages of this resistance line.
The Stochastic lines are positioned at 20 which is a level that could signal a potential increase
Target: $ 233
ETHUSD to reverse from downside confirmation, potential drop!
ETHUSD to reverse from its downside confirmation at 187.32 where it could potentially drop further to 142.33.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
#ETHUSD#Ethereum, Operating instructions for AugustWe have been stuck for a month between $ 197 and $ 233 and we expect it to continue for another month.
So what can be done by then? Buy as close as possible to support $ 197 and sell as close to resistance as $ 233.
If you are a trader who wants to trade only with the trend then wait for the price to approach $ 233 and then sell.