Thursday’s session has broken below the support provided by the SMA 20 curve. The narrowing of the 20-day Bollinger Band shows decreasing market volatility. ETH/USD went down from $180.85 to $174.65 this Wednesday. So far, it has fallen further to $174.15. The hourly chart shows us that the price of the asset fell from $179.20 to $174.15 in just two hours. Following that, the price has been pretty much trending horizontally. Yesterday, the price was able to break below the support provided by the 50-day Simple Moving Average (SMA 50) curve, while today it broke below the SMA 20. ETH/USD daily chart The 20-day Bollinger width is around 0.14, indicating decreasing market volatility. The Moving Average Convergence/Divergence (MACD) indicator has had a bearish session following nine bullish sessions. The Elliott Oscillator has also charted four straight seller-heavy 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 AUD/USD technical analysis: Sticks to upbeat Aussie jobs data-led strong gains FX Street 4 years Thursday's session has broken below the support provided by the SMA 20 curve. The narrowing of the 20-day Bollinger Band shows decreasing market volatility. ETH/USD went down from $180.85 to $174.65 this Wednesday. So far, it has fallen further to $174.15. The hourly chart shows us that the price of the asset fell from $179.20 to $174.15 in just two hours. Following that, the price has been pretty much trending horizontally. Yesterday, the price was able to break below the support provided by the 50-day Simple Moving Average (SMA 50) curve, while today it broke below the SMA 20. … 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.
