[ad_1]
/ latest / 2019/04 / ethereum-eth-badysis-price-long-term-13-April /
Ethereum (ETH) Long Term Price Analysis – April 13
etheric-eth-badysis-price long-term 13-April
- The price of cryptocurrency now ranges between $ 180 and $ 160, and could dip to test the $ 140 level.
- If the bulls fail to help Ethereum grow, the crypto can fall to its 50-day SMA.
ETHUSD Long Term Trend – Storage
- Distribution Territories: $ 200, $ 220, $ 240
- Accumulation Territories: $ 120, $ 100, $ 80
The price of Ethereum saw a drop in prices after pbading the $ 180 mark on April 8th. The cryptocurrency price now oscillates between $ 180 and $ 160 and could dive to test the level at $ 140.
Ethereum Table by TradingView
The 14-day SMA from ETH has been trading in its range for some time, while the 50-day SMA is supporting the $ 140 mark. Stochastic oscillators are in the 80 and 60 ranges, indicating that bulls have lost some of their strength in the market, although the ETH is still trading close to the April 2 high.
At present, they should recover and see the crypto price trend on the rise. If they fail, the crypto risks falling to his 50-day SMA.
The views and opinions expressed herein do not reflect those of CryptoGlobe.com and do not constitute financial advice. Always do your own research.
Source link
