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Ethereum Price Analysis: ETH/USD bulls are back in control

  • Ethereum price is trading in the green by 1.35% in the session on Friday. 
  • ETH/USD bulls pressing to break through the heavy supply range, $175-190. 
  • The price is running towards four consecutive sessions in the green. 
Ethereum Price Analysis: ETH/USD bulls are back in control
Ken ChigboKen ChigboIndependent Analyst

ETH/USD daily chart

Bulls are now eyeing a big retest of the psychological $200 price mark, a break here would likely restore buyer confidence.  

ETH/USD 60-minute chart

A bullish pennant structure was viewable via the 60-minute chart view. 

Spot rate:                      187.56

Relative change:          +1.35%

High:                             189.96

Low:                              178.55

ETH/USD

Overview
Today last price187.53
Today Daily Change1.82
Today Daily Change %0.98
Today daily open185.71
 
Trends
Daily SMA20166.63
Daily SMA50156.56
Daily SMA100185.34
Daily SMA200172.27
 
Levels
Previous Daily High194.46
Previous Daily Low178.56
Previous Weekly High175.11
Previous Weekly Low148.3
Previous Monthly High252.76
Previous Monthly Low89.65
Daily Fibonacci 38.2%188.39
Daily Fibonacci 61.8%184.63
Daily Pivot Point S1178.02
Daily Pivot Point S2170.34
Daily Pivot Point S3162.12
Daily Pivot Point R1193.93
Daily Pivot Point R2202.15
Daily Pivot Point R3209.83

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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