Ethereum Shines Through The Bulls
Ethereum Shines Through The Bulls – ETH/USD trades at $194.45 at the time of the analysis and inclines at the rate of +2.26%.
The Cryptocurrency Market has drastic variations with sudden rises and dips in the past few days. The uncertainty pertaining to the market may be due to the lack of efficiency in decision making by suppliers and buyers. Currently, the cryptocurrency market has a bearish influence on all the altcoins. Ethereum Market is shining among the bulls. ETH/USD is putting all the efforts to win the bulls over the bears. The coin aims at testing new levels of areas of resistance above the old ones as the sellers are planning to oversupply.
ETH/USD Price Analysis And Forecast For September 16th, 2019 – Bullish trend. The couple Ethereum is further inclining at the rate of +1.21%. The moving averages at 193.62 indicate greens making its way up. The orange and blue MACD’s at 1.74, 1.83 indicate bulls. The RSI at 67.91 showcases it trying to cross the area of resistance. The price may range from $194.45 – $196.
Reverse effect of the above inclines depicts bearish trend influenced by the buyers. Then price may vary from $194.45 – $192.