Cryptocurrency

Ethereum price heads towards the support – Analysis - 20-02-2019

2019-02-20 05:15:56 GMT (Economies.com)

Ethereum price shows some bearish bias on its way towards potential test to the key support base 137.24, accompanied by stochastic reach to the oversold areas, while the EMA50 keeps providing the positive support to the price.

 

Therefore, these factors encourage us to continue suggesting the bullish trend for the upcoming period, and the price needs to confirm heading towards 170.76 as a next station, reminding you that it is important to hold above 137.24 to continue the suggested rise.

 

The expected trading range for today is between 140.00 support and 170.76 resistance

The expected trend for today: Bullish

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