Ethereum Aims For Bullish Crossover; Can New Resistance Levels Be Broken?

[sirty143]

Ethereum (ETH) looks to be heading for a price breakout which is likely to take place within the week. The token seems to have garnered some momentum during the weekend, well enough to strengthen its gains and proceed to test new resistance levels.

The one-week trading chart shows that ETH has been dabbling between a bullish and a bearish crossover. This means that buyers and sellers have been struggling to push prices in their favor, leading to the current state of the market. See more for yourself here...

Guys, what is your opinion on this, do you think Ethereum will succeed?

[Zed0X]

I just checked CMC. This statement from the source article still holds true

The bears happened to have continually rejected price at the $183 mark, sending prices down below the $180 level.

This is one of the rare cases where Eth is having a mini-rally despite BTC going down. I think it'll be back to $200 range in a week if BTC remains above $10K.

[trauchot]

Honestly, I don’t know, ethereum has been falling for so long that I have already forgotten what growth is, I think that ethereum will grow, but it will be by the end of the year, but we should not expect good growth, now everyone hopes and believes that normal growth will be in 2020.

[Ambu]

Yes I hope next year will be a good year to ethereum because still ethereum is cycling in Below$200 price level at this moment ethereum price is $187 if Bitcoin crossed $15k ethereum bull run will start again.

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[Paglamon]

Buyers, sellers, are responsible for reducing ETH prices. There are people in some countries who have an eth and they start selling for sale. But those in the country are different. However, I believe that this hostility will be resolved very quickly. Aether's prices will rise. ETH will succeed in the future.

[bitgood]

If you look at today's market, I don't think Ethereum can be bullish. the ethereum is currently at $154, and it is still likely to go down deeper. because the price of bitcoin is still not stable.