Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Adrian on November 15, 2018, 02:29:07 PM
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Though Ethereum broke below the immediate support at $188.35, it did not slide through the Sept. 12 intraday lows of $167.32. Currently, the bulls are staging a comeback, having pushed prices back above $188.35, which shows demand at lower levels.
If the ETH/USD pair sustains above $188.35, it is a bullish sign as it rejects the lower levels. On the other hand, if the current pullback attempt is met with another round of selling, then traders can expect the fall to extend to the next lower supports of $136 and $110. Though we like that it has not made a new low today, it is still too early to go out and buy. Therefore, we suggest traders wait and watch from the sidelines.
Source: https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-stellar-litecoin-cardano-monero-tron-price-analysis-nov-14