Ethereum is forced to deal with shrinking volume and low volatility after recovery stalled under $200. Ethereum has a short-term bearish bias but the MACD in both the daily and 240-minutes range suggests a long-term bullish trend. Spot rate: $192 Trend: Bearish Support: $190 and $180 Resistance: $200 and $220 Volatility: Low Volume: Shrinking BTC/USD daily chart In spite of the failure to breach $200 resistance, the Moving Average Convergence Divergence (MACD) positive suggest incoming bullish movement. The Bollinger Band daily middle and the 50-day Simple Moving Average in line to offer support in the event ETH/USD reverses towards $180. ETH/USD 240′ chart Ethereum price trending higher within a rising channel that has been tested severally on both sides. The MACD positive divergence signifies that the buyers have the energy to action above $200. ETH/USD 60′ chart Ethereum breaks under the accelerated trendline (dotted) as short-term bulls take over control. The main trendline (continuous) will come in handy later if the losses continued under $190. 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 Forex News Today: Daily Trading News share Read Next UK Manufacturing Production drops sharply by 0.7% m/m in August, a big miss FX Street 3 years Ethereum is forced to deal with shrinking volume and low volatility after recovery stalled under $200. Ethereum has a short-term bearish bias but the MACD in both the daily and 240-minutes range suggests a long-term bullish trend. Spot rate: $192 Trend: Bearish Support: $190 and $180 Resistance: $200 and $220 Volatility: Low Volume: Shrinking BTC/USD daily chart In spite of the failure to breach $200 resistance, the Moving Average Convergence Divergence (MACD) positive suggest incoming bullish movement. The Bollinger Band daily middle and the 50-day Simple Moving Average in line to offer support in the event ETH/USD reverses towards… 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.
