Forecast of the daily price of Ethereum (ETH) – December 13th

Medium-term trend ETH / USD: bearish

Resistance levels: $ 240, $ 250, $ 280
Support levels: $ 80, $ 70, $ 60

Yesterday, December 12, the price of Ethereum was in an uptrend. Yesterday the bulls took the price and broke the 12-day EMA and the 26-day EMA, but the price fell. Today, the price of Ethereum is coming back into vogue when bears broke the 12-day EMA and the 26-day EMA down. Meanwhile, the MACD line and the signal line are below the zero line indicating a sales signal. In addition, the price of Eth is less than 12 days EMA and the 26-day EMA indicates that the price is in the bearish trend zone.

Short-term ETH / USD trend: bullish

In the 1 hour chart, the price of the crypt is in an uptrend. After the fall of December 11th, the bulls took the price and broke the 12-day EMA and the 26-day upward EMA. If the bulls resist above the EMA, the price of Ethereum will rise.

The bears had taken over and had broken downward exponential moving averages. The price is now in the bearish trend zone. Meanwhile, the MACD line and the signal line are above the zero line indicating a sales signal. In addition, the price of encryption is less than 12 days EMA and the 26-day EMA indicates that the price is in the bearish trend zone.

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