Ethereum bears managed to eke out bulls as price went down slightly from $175 to $173.50. Technical Analysis shows that bulls are going to take over the market soon. After being thwarted at the $180 nearly two weeks ago, bears have managed to take the price down to $173.50. Even though the overall sentiment till now has been bearish, the bulls have managed to rally back now and then. Technical analysis shows that the market sentiment is shifting towards the bulls. On the upside, the bulls will have to negotiate resistance at $175 and $180. ETH/USD Daily Chart The market is trending above both the SMA 200 and SMA 50 curves. The SMA 200 and SMA 50 curves are about to chart the golden cross pattern. The Ichimoku indicator shows that upcoming sentiment is bullish. The two latest sessions of the Elliot wave oscillator are bullish after seven continuous bearish sessions. The signal line and MACD line are about to converge, which shows decreasing bearish momentum. The relative strength index (RSI) indicator is trending next to the overbought zone at 63.50. 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 Litecoin Price Prediction: Upside potential capped by stack of resistance levels – Confluence Detector FX Street 4 years Ethereum bears managed to eke out bulls as price went down slightly from $175 to $173.50. Technical Analysis shows that bulls are going to take over the market soon. After being thwarted at the $180 nearly two weeks ago, bears have managed to take the price down to $173.50. Even though the overall sentiment till now has been bearish, the bulls have managed to rally back now and then. Technical analysis shows that the market sentiment is shifting towards the bulls. On the upside, the bulls will have to negotiate resistance at $175 and $180. ETH/USD Daily Chart The market… 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.
