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Long-term trend ETH / USD: variable
Resistance levels: $ 250, $ 270, $ 290
Support levels: $ 180, $ 160, $ 140
The ETH / USD pair was reached in October 2018. The digital currency exceeded the price level of $ 200. On October 15th, Ethereum had a price rally that led to the crypt reaching a maximum of $ 241. The resistance at $ 240 dropped the crypt but managed to recover at $ 204.10. In the first week of November, the digital currency is fluctuating below and above the $ 200 level.
Ethereum is expected to continue its movement linked to the interval. Today, the price of Ethereum is currently trading at $ 202 as at the time of writing. Meanwhile, the price of Ethereum is lower than 12 days for EMA and 26 days for EMA indicating that there is a downward trend. The MACD line and the signal line are below the zero line indicating a sales signal.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
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