ETH/USD is currently trading for $173.50. ETH/USD went down from $175.25 to $173.25 within the first hour of Friday. ETH/USD had a bearish start to Friday as the price went down from $175.25 to $173.50, going below the $175-level in the process. This follows a bearish Thursday where ETH/USD fell from $181.15 to $175.25. The hourly breakdown shows us that ETH/USD had fallen to $172 before it recovered to $175.25 to close out Thursday. However, the bulls immediately took control as Friday began, taking the price down from $175.25 to $173.25 within one hour. Since then, the buyers and sellers have been engaged in a tug of war to take back control of the market. ETH/USD daily chart ETH/USD found resistance on the downward trending and both the 50-day and 20-day Simple Moving Average (SMA 50 and SMA 20) curves. The widening of the 20-day Bollinger jaw hints at increasing market volatility. The Moving Average Convergence/Divergence (MACD) indicator shows decreasing, yet sustain bearish momentum, while the Elliott Oscillator shows six straight bullish 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 UK business morale slides, especially in manufacturing – BCC FX Street 3 years ETH/USD is currently trading for $173.50. ETH/USD went down from $175.25 to $173.25 within the first hour of Friday. ETH/USD had a bearish start to Friday as the price went down from $175.25 to $173.50, going below the $175-level in the process. This follows a bearish Thursday where ETH/USD fell from $181.15 to $175.25. The hourly breakdown shows us that ETH/USD had fallen to $172 before it recovered to $175.25 to close out Thursday. However, the bulls immediately took control as Friday began, taking the price down from $175.25 to $173.25 within one hour. Since then, the buyers and sellers… 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.
