Tag: ETH price forecast

Ethereum Price Analysis for April, 24th – ETH Counts On Hidden Support

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 24th, the Ethereum keeps growing smoothly, generally trading at 188.70 USD. On D1, ETH/USD keeps growing. The quotations are moving inside an ascending channel, periodically correcting. Currently, they are testing 50.0% Fibo. The MACD is still above zero. Judging by all factors, we may conclude that there will be a correction from 50.0% along the Fibo levels. Then the quotations may …
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Ethereum price analysis – Temporary downwards price correction

After rising to a week high of $838 on Sunday, a downwards price correction attempt began pulling ethereum price downwards to a day low of $685 on Monday. Even though the price of ether dipped below the support level around $713.24, it rose within less than 8 hours above this significant support level which corresponds to the 61.8% Fibonacci retracement. The market’s bulls took the upper hand again after this …
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