Forecast of long-term prices of Ethereum (ETH)

August 18, 2018 Ethereum

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<h2> ETH / USD Long-term trend : </h2>
<p> Supply zone: $ 330, $ 340, $ 350 <br /> Application area: $ 300, $ 290, $ 280 </p>
<p> The price of Ethereum had been bearish in August, with a cryptocurrency traded at the beginning of August with a price of $ 431.86 The ETH price fell to a minimum of $ 258.71 which is about 40% decrease in price in August. The bulls have price control In the meantime, the ETH price is currently trading at a price of $ 315.38 as at writing time. </p>
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However, the MACD line and the signal line are on par with the zero line which indicates a neutral signal.In addition, the price of Ethereum is lower than the 12-day EMA and the 26-day EMA which indicates that downward pressure is under way. The relative strength index period 14 is level 36 which indicates that t The market is oversold which advises the bulls to take control of the price.

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Forecast of long-term prices of Ethereum (ETH)

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