Daily ETH/USD chart shows decreasing market momentum. 4-hour ETH/USD was trending in a downward pattern formation. ETH/USD daily chart ETH/USD went up slightly from $176 to $176.15 in the early hours of Wednesday and is floating below the 20-day Simple Moving Average (SMA 20), SMA 50 and SMA 200 curves. The Moving Average Convergence/Divergence (MACD) indicates increasing bearish momentum. ETH/USD 4-hour chart The 4-hour ETH/USD is trending in a downward channel formation. It found support at the $174.20 and jumped up to $176.15. The SMA 20 curve has crossed below the SMA 200 curve, which is a bearish sign. The 20-day Bollinger jaw has widened, indicating increasing price volatility. The Relative Strength Index (RSI) indicator is trending around 36, having crept above the oversold zone. ETH/USD hourly chart The price is currently stuck between the SMA 20 curve on the downside and SMA 50 on the upside. The Elliott Oscillator has had 13 straight green sessions. Key Levels 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 German manufacturing output to shrink by 4% this year – Germany’s BDI FX Street 3 years Daily ETH/USD chart shows decreasing market momentum. 4-hour ETH/USD was trending in a downward pattern formation. ETH/USD daily chart ETH/USD went up slightly from $176 to $176.15 in the early hours of Wednesday and is floating below the 20-day Simple Moving Average (SMA 20), SMA 50 and SMA 200 curves. The Moving Average Convergence/Divergence (MACD) indicates increasing bearish momentum. ETH/USD 4-hour chart The 4-hour ETH/USD is trending in a downward channel formation. It found support at the $174.20 and jumped up to $176.15. The SMA 20 curve has crossed below the SMA 200 curve, which is a bearish sign. The… 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.
