The daily price is currently sandwiched between the SMA 20 and SMA 50 curves. The price of the asset fell from $232.30 to $224 in the early hours of Wednesday. ETH/USD daily chart ETH/USD price bounced up from the $224 support line to improve to $227.40 in the early hours of Wednesday. This followed a bearish Tuesday, where the price of the asset dropped from $232.30 to $224 in the early hours of Wednesday. ETH/USD is presently sandwiched between the SMA 20 and SMA 50 curves, with the latter on the downside. The MACD indicator shows decreasing bearish momentum, while the Elliott Oscillator fell from 72 to -11.82 over the last 17 days. Finally, the RSI indicator is trending around the neutral zone as ETH/USD continues to hover in a narrow $15-range over the previous seven days. 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 Bitcoin Price Analysis: BTC/USD stability and consolidation delay recovery to $9,000 FX Street 2 years The daily price is currently sandwiched between the SMA 20 and SMA 50 curves. The price of the asset fell from $232.30 to $224 in the early hours of Wednesday. ETH/USD daily chart ETH/USD price bounced up from the $224 support line to improve to $227.40 in the early hours of Wednesday. This followed a bearish Tuesday, where the price of the asset dropped from $232.30 to $224 in the early hours of Wednesday. ETH/USD is presently sandwiched between the SMA 20 and SMA 50 curves, with the latter on the downside. The MACD indicator shows decreasing bearish momentum, while… 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.
