Ethereum price loses momentum – Analysis - 17-04-2019
Economies.com
2019-04-17 03:37AM UTC
Ethereum price continues to rise calmly to gradually approach 170.76 level, noticing that the EMA50 forms negative pressure against the price, while stochastic shows overbought signals now.
Therefore, we believe that the chances are valid to resume the expected bearish trend for the upcoming period, which its next target located at 154.00, while its continuation conditions holding below 170.76.
The expected trading range for today is between 154.00 support and 175.00 resistance
The expected trend for today: Bearish
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