▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Here is our ETH Price forecast! Is the Ethereum uptrend ending, or is there still more room for the Dollar to rise? Let’s find out.
Do you agree with this Ethereum Price analysis? Use the comments section and share how you’re trading this popular forex pair and what your ETH outlook is!
Cryptocurrency Market News –
●Ethereum gained bullish momentum and it cleared the $1,950 resistance against the US Dollar. ETH price tested $2,000 and it is likely to continue higher.
●Ethereum remained well bid above the $1,850 level and it traded to a new weekly high, unlike bitcoin. ETH broke many important hurdles near the $1,920 and $1,950 resistance levels.
●There was also a spike above the $2,000 level and the price settled nicely above the 100 hourly simple moving average. A high is formed near $2,008 and the price is currently consolidating gains. An initial support on the downside is near the $1,980 level.
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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