Ethereum price settled in a range, having recovered from the recent low Critical resistance is created by psychological $180.00. ETH/USD bottomed at $168.35 on October 18 and, having recovered above $170.00 entered a range-bound phase. By the time of writing, the second largest coin settled at $174.30, amid slow trading activity. Lo volatility on the global cryptocurrency markets limits ETH movements and creates conditions for further consolidation in a tight range. Ethereum’s market value is registered at $18.9. The coin is up 1.5% on a day-to-day basis. Ethereum’s technical picture On the intraday charts, ETH/USD recovery is capped by SMA50 (Simple Moving Average) four hour at $177.40. Once this barrier is out of the way, the upside is likely to gain traction with the next focus on pivotal $180.00. We will need to see a sustainable move above this handle for an extended recovery to $183.55 (SMA200 four hour). On the downside, a move below $173.00 (the middle line of four-hour Bollinger Band) will take the price to critical $170.00 strengthened by the lower line of four-hour Bollinger Band, and to the recent low of $168.35. That’s where fresh buying orders are to stop the decline; if they are absorbed, the sell-off may continue towards $160.00. ETH/USD, four-hour chart 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 CFTC Positioning Report: GBP net shorts retreated to 3-month lows FX Street 3 years Ethereum price settled in a range, having recovered from the recent low Critical resistance is created by psychological $180.00. ETH/USD bottomed at $168.35 on October 18 and, having recovered above $170.00 entered a range-bound phase. By the time of writing, the second largest coin settled at $174.30, amid slow trading activity. Lo volatility on the global cryptocurrency markets limits ETH movements and creates conditions for further consolidation in a tight range. Ethereum's market value is registered at $18.9. The coin is up 1.5% on a day-to-day basis. Ethereum's technical picture On the intraday charts, ETH/USD recovery is capped by… 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.
