Ethereum (ETH) Price Trends (Week of July 27th)
Ethereum has formed a wave of a medium-term upward trend. The structure of the downward trend has been disrupted, hence there is a possibility of a medium-term upward turn. Is it a flat or a continuation of a long-term upward trend? The upward trend has equalized the distribution of power between the bulls and the bears last Friday. A break through a zone near $14 means that there is no particular sentiment regarding Ethereum’s price, i.e. there is a sideway movement on the market. Ethereum’s price is forming a wave for a medium-term upward trend. But it’s too early to speak about a turn....
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Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and....
The past week waas a week of altcoin trends. Will the current trends continue, or are they going to turn about? ETH/USD. Ethereum has reached the minimal target of the medium-term correction. Trading on that level can provoke a continued fall of Ethereum’s price. Ethereum’s price is at a key level, where the downward movement can be disrupted. In case of a rebound from $12.2 followed by a return to $11, Ethereum has a chance to continue its downward trend. For an extra confimation, Ethereum’s price has to stop at the level of $11, which will display the lack of sufficient support from the....
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Which resistance levels will be decisive for the weekly LTC/USD, ETH/USD and DASH/USD trends? It’ll be those, where the trends are most likely to change direction. One of the predicted scenarios of Litecoin’s price development has played out during this week. $3.25 was a key resistance level, which was broken through and then held by the sellers, after which the price formed a downward trend. Currently the weekly trend is heading downward. The LTC/USD price is recoiling after a downward trend.