ETH/USD has found support at the SMA 20 curve. The 20-day Bollinger band has narrowed, indicating decreasing market volatility. Following a heavily bearish Tuesday, the sellers remained in control of the ETH/USD market in the early hours of Wednesday. This Tuesday, the price of Ethereum fell from $187 to $180.80 and it has fallen further to $179.50 today. The hourly breakdown shows us that despite multiple recovery attempts, the bears have pretty much dominated the bulls at every turn this Tuesday. The price fell to $178.35, where it met intraday support and bounced up to $180.80. Currently, the daily chart shows us that ETH/USD has found support on the 20-day Simple Moving Average (SMA 20) curve. ETH/USD daily chart The price went past the support provided by the SMA 50 curve this Tuesday. The 20-day Bollinger jaw has narrowed from 0.165 to 0.13 over the previous two days, indicating decreasing market volatility. The Elliott Oscillator shows three straight bearish sessions while the Moving Average Convergence/Divergence (MACD) indicator shows decreasing bullish momentum. 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 Stifling Facebook’s Libra gives China’s digital currency a huge shot at dominance: RBC analysts FX Street 4 years ETH/USD has found support at the SMA 20 curve. The 20-day Bollinger band has narrowed, indicating decreasing market volatility. Following a heavily bearish Tuesday, the sellers remained in control of the ETH/USD market in the early hours of Wednesday. This Tuesday, the price of Ethereum fell from $187 to $180.80 and it has fallen further to $179.50 today. The hourly breakdown shows us that despite multiple recovery attempts, the bears have pretty much dominated the bulls at every turn this Tuesday. The price fell to $178.35, where it met intraday support and bounced up to $180.80. Currently, the daily chart… 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.
