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ETH/USD game of tug of war between the bulls and bears, with expert making big prediction call

  • Ethereum worth was nursing losses on Friday, down simply shy of 2%, as worth struggles to foremost dedicated route.
  • ETH/USD at the again finish of Thursday caught a really robust bid, nevertheless that was very a lot short-lived as the bears rapidly moved in to promote rallies.
  • Tom Lee, Head of Analysis at Fundstrat World Advisors in a be aware to purchasers, mentioned Ethereum (ETH) is about to see a “development reversal and rally strongly” as much as $1,900 per token by the finish of 2019.

 

ETH/USD 60-minute chart

 

 

 

Spot price:                  225.20

Relative change:      -1.80%

Excessive:                         234.19

Low:                          219.13 

 

Pattern:                        Bearish

 

Help 1:                 220.60, 50 & 100MA (60-minute).

Help 2:                 216.17, secondary supporting ascending development line.

Help three:                 207.60, demand space.

Resistance 1:            235.00, beneath damaged ascending development line.

Resistance 2:            245.00, provide zone.

Resistance three:            254.82, 22 September excessive.

 

 

 

 

 

About Tom Greenly

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