The MACD indicator has had a bullish session after nine straight bearish sessions. ETH/USD went up from $160.90 to $181.80 this Friday. ETH/USD buyers have retained control of the market in the early hours of Saturday. This Friday has been a resounding victory for the bulls as Ethereum’s price jumped up from $160.90 to $181.80, breaking above the 20-day Simple Moving Average (SMA 20) in the process. The hourly breakdown shows us that ETH/USD was trending in a narrow range between $159.72 to $163.25 before it spiked up to $181.70. After meeting intraday resistance at $181.75, before it bounced down and then came back strongly to go up to 183.85. Currently, the price needs to break above the resistance provided by the SMA 50 curve. ETH/USD daily chart The 20-day Bollinger band has widened, indicating increasing market volatility. The Moving Average Convergence/Divergence (MACD) indicator has had a bullish session following nine straight red sessions. The Elliott Oscillator has had two buyer heavy sessions after three consecutive bearish sessions. 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 Galaxy Digital announces launch of two new Bitcoin funds next month FX Street 3 years The MACD indicator has had a bullish session after nine straight bearish sessions. ETH/USD went up from $160.90 to $181.80 this Friday. ETH/USD buyers have retained control of the market in the early hours of Saturday. This Friday has been a resounding victory for the bulls as Ethereum's price jumped up from $160.90 to $181.80, breaking above the 20-day Simple Moving Average (SMA 20) in the process. The hourly breakdown shows us that ETH/USD was trending in a narrow range between $159.72 to $163.25 before it spiked up to $181.70. After meeting intraday resistance at $181.75, before it bounced… 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.
