The MACD indicator shows increasing bearish momentum. The market is trending below the SMA 200, SMA 50 and SMA 20 curves. The ETH/USD bears have taken back full control of the market following a bullish Thursday, where the price went up from $175 to $177.45. Currently, it has settled down to $176.15. The price is trending below the 200-day Simple Moving Average (SMA 200), SMA 50 and SMA 20 curves. The 20-day Bollinger jaw has constricted, indicating decreasing market volatility. Looking at the hourly ETH/USD chart, we can see that the price found support at $173 and jumped up to $177.75. The price swung back and forth for a bit before it corrected around $176.15. ETH/USD daily chart Bulls must overcome resistance at $182 to continue its upward momentum. The Moving Average Convergence/Divergence (MACD) indicates increasing bearish momentum, while the Elliott Oscillator has had five straight bearish sessions of growing intensity. 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 Brexit deal faces significant parliamentary scepticism – ANZ FX Street 3 years The MACD indicator shows increasing bearish momentum. The market is trending below the SMA 200, SMA 50 and SMA 20 curves. The ETH/USD bears have taken back full control of the market following a bullish Thursday, where the price went up from $175 to $177.45. Currently, it has settled down to $176.15. The price is trending below the 200-day Simple Moving Average (SMA 200), SMA 50 and SMA 20 curves. The 20-day Bollinger jaw has constricted, indicating decreasing market volatility. Looking at the hourly ETH/USD chart, we can see that the price found support at $173 and jumped up to… 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.
