Home Ethereum Price Analysis: ETH/USD settling around the $145 level
Crypto News

Ethereum Price Analysis: ETH/USD settling around the $145 level

  • ETH/USD is hugging the upper curve of the 20-day Bollinger Band.
  • The three latest sessions in the daily chart are hovering above the SMA 50 curve.

ETH/USD daily chart

ETH/USD daily chart

ETH/USD went up from $143.15 to $144.55 this Wednesday, as the price looks to settle around the $145-mark. The bulls and bears seem to cancel each other out, so a return above the $150-mark seems highly unlikely as of now. The price is hugging the upper curve of the 20-day Bollinger band, which has widened, indicating increasing price volatility. The Elliott Oscillator has had 12 straight green sessions of increasing intensity, while the Relative Strength Index has flat-lined around 60.75.
 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.