Ethereum price on Thursday is nursing losses of around 4% in the latter part of the session. ETH/USD bears are flirting with a key daily ascending trend line to the downside, price edging just south of that. Ethereum price late in the session on Thursday was nursing losses of around 3.80%, flirting with a key supporting ascending trend line to the downside. A further cooling is seen across the market, as the bears regain control. ETH/USD price is retesting a vital ascending trend line to the downside. This has been running since early February, from 6th. A daily closure below this support could be extremely punishing to the recent recovery. Given current downside momentum, eyes are on the next big barriers of support via the confluence detector. Firstly; $131.99, weekly 23.6% Fibonacci, weekly pivot point support. $129.17 daily 50SMA. To upside; $136.21, 61.8% weekly chart view, daily pivot point support. XRP/USD daily confluence detector 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 Bitcoin Cash Technical Analysis: BCH/USD profit taking could be damaging FX Street 4 years Ethereum price on Thursday is nursing losses of around 4% in the latter part of the session. ETH/USD bears are flirting with a key daily ascending trend line to the downside, price edging just south of that. Ethereum price late in the session on Thursday was nursing losses of around 3.80%, flirting with a key supporting ascending trend line to the downside. A further cooling is seen across the market, as the bears regain control. ETH/USD price is retesting a vital ascending trend line to the downside. This has been running since early February, from 6th. A daily closure below… 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.
