ETH/USD has found resistance at both the SMA 20 and SMA 50 curves. 20-day Bollinger width has narrowed, indicating decreasing market volatility. ETH/USD buoyed the price up slightly from $174.60 to $174.85 in the early hours of Tuesday. It looks like the bulls want to retake control of the market after the bears took over on Monday and brought ETH/USD down from $175.71 to $174.60. The hourly ETH/USD price chart shows us two significant price actions. Firstly, after steadily dropping to $174.27, the price spiked up to $177.25 in one hour. Just four hours later, the price plunged from $176.71 to $173. ETH/USD daily chart ETH/USD has to overcome resistance at the 20-day Simple Moving Average (SMA 20) and SMA 50 curves. The 20-day Bollinger band has narrowed significantly, which indicates decreasing market volatility. The Moving Average Convergence/Divergence (MACD) shows sustained bearish momentum, while the Elliott Oscillator has had two green sessions following seven consecutive red 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 Canada’s Prime Minister to form minority government – CBC projection FX Street 3 years ETH/USD has found resistance at both the SMA 20 and SMA 50 curves. 20-day Bollinger width has narrowed, indicating decreasing market volatility. ETH/USD buoyed the price up slightly from $174.60 to $174.85 in the early hours of Tuesday. It looks like the bulls want to retake control of the market after the bears took over on Monday and brought ETH/USD down from $175.71 to $174.60. The hourly ETH/USD price chart shows us two significant price actions. Firstly, after steadily dropping to $174.27, the price spiked up to $177.25 in one hour. Just four hours later, the price plunged from $176.71… 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.
