ETH/USD formed a clear daily bull flag and remains strong. EMAs are slowly catching up to the current price of $318 and will serve as support levels. Ethereum has been under a super healthy consolidation for the past three days, in fact, it’s hard to even call it a consolidation since it barely dropped. The daily bull flag is still strong and will most likely push Ethereum above $330 by the end of this week. ETH/USD daily chart Besides the bull flag, the 12-EMA is now at $293 and slowly climbing to reach the current price. Before the EMA, Ethereum has strong support at $300 but not many other support levels on the way down to $250. ETH/USD 4-hour chart Zooming in, the 4-hour chart is still in a messy equilibrium pattern with a lower high established at $325.61 and a higher low at $314.46. The break of any of these two levels should give Ethereum a lot of continuation in that direction. 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 Ripple Price Analysis: XRP/USD ready to retest $0.2500 after a consolidation period FX Street 3 years ETH/USD formed a clear daily bull flag and remains strong. EMAs are slowly catching up to the current price of $318 and will serve as support levels. Ethereum has been under a super healthy consolidation for the past three days, in fact, it’s hard to even call it a consolidation since it barely dropped. The daily bull flag is still strong and will most likely push Ethereum above $330 by the end of this week. ETH/USD daily chart Besides the bull flag, the 12-EMA is now at $293 and slowly climbing to reach the current price. Before the EMA, Ethereum… 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.
