Ethereum price recovered from the recent low, still vulnerable to losses. The next support awaits ETH bears on approach to $184.00. ETH/USD is trading at $185.27 at the time of writing, having recovered from the intraday low of $184.11. The second-largest digital asset with the current market value of $18.8 billion has lost 1.34% of its value since the beginning of Thursday and stayed mostly unchanged on a day-to-day basis. Ethereum’s technical picture From an intraday of view, ETH/USD has returned inside the 1-hour Bollinger Band. Its lower boundary at $184.62 now serves as an initial support level. Once it is out of the way, the sell-off is likely to gain traction with the next focus on the recent low of $184.11 and psychological $184.00. The next support awaits us on approach to November 12 low at $182.21. On the upside, a recovery above SMA50 (Simple Moving Average) at 1-hour at $186.25 is a precondition for an extended recovery with the next focus on $186.70 with a confluence of SMA200 and the middle line of 1-hour Bollinger Band. ETH/USD, 1-hour chart 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 US: Focus on Fed Chair Powell today – TDS FX Street 3 years Ethereum price recovered from the recent low, still vulnerable to losses. The next support awaits ETH bears on approach to $184.00. ETH/USD is trading at $185.27 at the time of writing, having recovered from the intraday low of $184.11. The second-largest digital asset with the current market value of $18.8 billion has lost 1.34% of its value since the beginning of Thursday and stayed mostly unchanged on a day-to-day basis. Ethereum's technical picture From an intraday of view, ETH/USD has returned inside the 1-hour Bollinger Band. Its lower boundary at $184.62 now serves as an initial support level. Once… 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.
