Ethereum Holds Above $1,800 And Continues Its Sideways Trend
The Ethereum price (ETH) is falling as it attempts to drop below $1,800 or the 50-day simple moving average. Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish Since July 18, both bulls and bears have desperately tried to break the moving average lines, but without success. The price indicator predicts that Ether will fall to a low of $1,829 and then reverse its trend. On July 24, the largest altcoin almost reached the Fibonacci extension before continuing its uptrend. Today, Ether is following in the footsteps of the last low. If the bears manage to break below the current support, the downtrend will resume. Ether will fall to its previous low of $1,700. If the current price of $1,800 holds, the current trend within the trading range will resume. At the time of writing, Ether is trading at $1,859. Pagsusuri ng tagapagpahiwatig ng Ethereum At the 45 level of the Period 14 Relative Strength Index, Ether is in a bearish trend zone. Ether has the potential to fall further within the downtrend zone. If the price bar is trapped between the moving average lines, the altcoin will continue its path within the range. The cryptocurrency is in a downtrend momentum below the daily stochastic level of








