ETH/USD has gone up slightly from $161 to $161.60 so far this Friday. MACD indicator shows increasing bearish market momentum. ETH/USD has had a bullish start to Friday following four straight bearish days. Over the previous four days, ETH/USD had dropped from $175.75 to $161, falling by 8.40%. So far this Friday, the price has improved to $161.60. The hourly chart shows us that ETH/USD has been trending horizontally between $159.75 to $163.25. The price finds immediate resistance at the downward trending line, the 20-day Simple Moving Average (SMA 20) and SMA 50. ETH/USD daily chart The 20-day Bollinger jaw has widened, indicating increasing market volatility, while the Moving Average Convergence/Divergence (MACD) indicator shows increasing bearish momentum. The Elliott Oscillator has had four straight bearish sessions, while the Relative Strength Index (RSI) indicator is trending around 39. 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: With this flag pattern in play, XRP/USD support areas are in grave danger FX Street 3 years ETH/USD has gone up slightly from $161 to $161.60 so far this Friday. MACD indicator shows increasing bearish market momentum. ETH/USD has had a bullish start to Friday following four straight bearish days. Over the previous four days, ETH/USD had dropped from $175.75 to $161, falling by 8.40%. So far this Friday, the price has improved to $161.60. The hourly chart shows us that ETH/USD has been trending horizontally between $159.75 to $163.25. The price finds immediate resistance at the downward trending line, the 20-day Simple Moving Average (SMA 20) and SMA 50. ETH/USD daily chart The 20-day Bollinger jaw… 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.
