Hello, Traders! Monfex is at your service and today we overview ETH/USD.
Ethereum in the ascending channel and triangle under the resistance zone. MA50 - like resistance, MA100 & MA200 - supports. ETH/USD also has a bullish divergence by RSI. By breakout of the support line is expected to decline to the support zone. By breakout of the resistance zone is expected further increase to $220.
The resistance zone ~ $200
The local resistance zone ~ $189
The support zone ~$160
The local support zone ~ $180
Market Cap $19 998 429 711 USD
Volume (24h) $9 258 899 448 USD
Circulating Supply 108 370 492 ETH
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Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.