AndTH / USD Medium-term trend: variable
Resistance levels: $ 240, $ 260, $ 280
Support levels: $ 205, $ 200, $ 170
Yesterday, November 13, the price of Ethereum was in a bearish trend. The price of the crypt was fluctuating above the $ 200 level when the price slipped down. The digital currency is still above the $ 200 level despite its fall.
However, the price of encryption is lower than the exponential moving averages (EMA) which indicate that digital currency is likely to fall. Today, the digital currency has dropped to the $ 209 level and is going beyond that level. Meanwhile, the MACD line and the signal line are below the zero line indicating a sales signal.
Short-term trend ETH / USD: variable
In the 1 hour chart, the price of the crypt is in a downward trend. On November 13, a candelabra on the decline interrupted the 12-day EMA and the 26-day EMA at the minimum of $ 209 and kicked off a bound movement. The price of the crypto is now higher than the 12-day EMA and the 26-day EMA indicates that the price is in the uptrend zone. The MACD line and the signal line are below the zero line indicating a sales signal. If the bearish trend continues, support levels can be violated.
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