Bears take over the ETH/USD market from the bulls and pull down the market from $126.5 to $122. Overall daily market sentiment remains bullish. ETH/USD bears thoroughly thwarted the bulls this Monday by taking the market down by 3.5%. ETH/USD’s value went down from $126.5 to $122 based on market speculation. While short-term market sentiment looks bearish, the overall daily ETH/USD sentiment is still bullish. ETH/USD daily chart The ETH/USD bears took over this Monday’s session and brought the market price down by 3.5%. The short-term goal for the bulls is to break past the resistance offered by the downward trending line which has kept the ETH/USD market down since Monday, January 7. The following technical indicators show that the overall daily market is still bullish: The market is still close to the upper curve of the 20-day Bollinger band. The moving average convergence/divergence (MACD) movement shows a bullish movement. 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. View All Post By FX Street Crypto News share Read Next NZD/USD Technical Analysis: 0.6700 back in focus now FX Street 3 years Bears take over the ETH/USD market from the bulls and pull down the market from $126.5 to $122. Overall daily market sentiment remains bullish. ETH/USD bears thoroughly thwarted the bulls this Monday by taking the market down by 3.5%. ETH/USD's value went down from $126.5 to $122 based on market speculation. While short-term market sentiment looks bearish, the overall daily ETH/USD sentiment is still bullish. ETH/USD daily chart The ETH/USD bears took over this Monday's session and brought the market price down by 3.5%. The short-term goal for the bulls is to break past the resistance offered by the downward… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
