Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Shahinaz on March 30, 2019, 03:50:31 PM
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(https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2019/02/Analyst-Believes-Ethereum-ETH-Could-Grow-Up-To-200-Before-Dropping-Down-to-90-696x449.jpg)
On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146.
ETH/USD Long-term Trend: Ranging
- Resistance Levels: $350, $370, $390
- Support Levels: $140, $120, $100
The ETH/USD pair had been in a range bound movement in the month of March. The ETH price had been trading below the $140 resistance level. On February 23, the bulls tested the $160 resistance level. And as a result, the bulls were resisted as the price fell to the low at $135.20. On February 25, the bulls pullback price and tested the $140 resistance level and were resisted.
Each time the bulls were resisted at the $140 price level, the crypto’s price will fall below the EMAs. On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146. On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
(http://On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146.
ETH/USD Long-term Trend: Ranging
Resistance Levels: $350, $370, $390
Support Levels: $140, $120, $100
The ETH/USD pair had been in a range bound movement in the month of March. The ETH price had been trading below the $140 resistance level. On February 23, the bulls tested the $160 resistance level. And as a result, the bulls were resisted as the price fell to the low at $135.20. On February 25, the bulls pullback price and tested the $140 resistance level and were resisted.
Each time the bulls were resisted at the $140 price level, the crypto’s price will fall below the EMAs. On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146. On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
[img]On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146.
ETH/USD Long-term Trend: Ranging
Resistance Levels: $350, $370, $390
Support Levels: $140, $120, $100
The ETH/USD pair had been in a range bound movement in the month of March. The ETH price had been trading below the $140 resistance level. On February 23, the bulls tested the $160 resistance level. And as a result, the bulls were resisted as the price fell to the low at $135.20. On February 25, the bulls pullback price and tested the $140 resistance level and were resisted.
Each time the bulls were resisted at the $140 price level, the crypto’s price will fall below the EMAs. On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146. On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance.
[img]https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2019/03/ETH-WEEKLY.png)
Nevertheless, On March 1, the crypto’s opening balance was $138.18 but closed trading at $146.20 as at the time of writing. The ETHUSD pair has appreciated by 6% of its capitalization in the month of March. Meanwhile, the MACD line and the signal line are above the zero line which indicates a buy signal. The crypto’s price is above the 12-day EMA and the 26-day EMA which indicates that price is in the bullish trend zone.
source:https://bitcoinexchangeguide.com/ethereum-price-prediction-long-term-eth-value-forecast-march-30/