- ETH/USD was not able to jold ground above $200.
- MetaMask announced mobile wallet launch.
ETH/USD attempted to break above $200 handle during early Asian hours; however, the momentum proved to be unsustainable. The coin retraced to $198 by the time of writing. Ethereum’s market value is registered at $20.4B; an average daily trading volume is $1.3B.
MetaMask comes to your smartphone
A browser extension for Ethereum blockchain MetaMask has launched a mobile application, according to CEO of ConsenSys Joseph Lubin.
“Everyone’s favorite Ethereum browser extension is coming to your phone. The team is focusing on not being ‘just a wallet,’ but a portal to the world of all things blockchain,” tweeted Lublin uring Ethereum’s annual Devcon conference on October 31.
MetaMask is available for Chrome, Firefox, and Brave and considered to be one of the most-downloaded extensions in Chrome Web Store. It allows users to run Ethereum decentralized applications right from their web-browsers and serves as a web-based wallet for Ethereum and ERC-20 tokens.
Ethereum’s technical picture
ETH/USD is back under $200 handle with the downside momentum fading away. The Relative Strength Index has returned to the neutral position from the overbought area. The coin is supported by $197 (SMA100, 1-hour) and $194. Once this area is cleared, the sell-off may continue towards psychological $190.00 and October 11 low of $186.00.
The upside is capped by $200, strengthened by SMA200 (1-hour). A sustainable movement higher will open up the way towards $211 (SMA200, 4-hour).
ETH/USD, 1-hour chart
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