Previously, ETH/USD had fallen from $173.42 to $169.91 The SMA 200 act as immediate market resistance. ETH/USD daily chart ETH/USD failed to break above the SMA 200 curve as the price of the asset from $169.91 to $158.50. ETH/USD was hovering above the 20-day Bollinger Band, indicating that it was overpriced, before dropping back down into the Band. The SMA 200 is on course to cross over the SMA 50 and chart the heavily bearish death cross pattern. The MACD shows decreasing bullish momentum while the RSI has dipped from 60.38 to 50.94. 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 Ripple Price Analysis: XRP/USD drops below pennant formation following bearish Friday FX Street 2 years Previously, ETH/USD had fallen from $173.42 to $169.91 The SMA 200 act as immediate market resistance. ETH/USD daily chart ETH/USD failed to break above the SMA 200 curve as the price of the asset from $169.91 to $158.50. ETH/USD was hovering above the 20-day Bollinger Band, indicating that it was overpriced, before dropping back down into the Band. The SMA 200 is on course to cross over the SMA 50 and chart the heavily bearish death cross pattern. The MACD shows decreasing bullish momentum while the RSI has dipped from 60.38 to 50.94. 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.
