Ethereum (ETH) Daily Price Forecast – December 13

2018-12-13 08:41

ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $280 Support Levels: $80, $70, $60

Yesterday, December 12, the price of Ethereum was in a bullish trend. Yesterday, the bulls took price and broke the 12-day EMA and the 26-day EMA but price immediately pullback. Today, the price of Ethereum is making a comeback as the bears broke the 12-day EMA and the 26-day EMA to the  downside. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal. Also, the price of ETH is below 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone.

ETH/USD Short-term Trend: Bearish

On the 1-hour chart, the crypto's price is in a bullish trend. After its fall on December 11, the bulls took price and break the 12-day EMA and the 26-day EMA to the upside. If the bulls sustain hold above the EMAs, the price of Ethereum will rise.

The bears had taken over and had broken the exponential moving averages to the downside. Price is now in the bearish trend zone. Meanwhile, the MACD line and the signal line are above the zero line which indicates a sell signal. Also, the crypto’s price is below 12-day EMA and the 26-day EMA indicating that price is in the bearish trend zone.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Ethereum (ETH) на Currencies.ru

$ 3030.47 (+0.35%)
Объем 24H $28.038b
Изменеия 24h: -3.66 %, 7d: -0.33 %
Cегодня L: $3019.41 - H: $3032.65
Капитализация $365.763b Rank 2
Цена в час новости $ 89.39 (3290.17%)

price ethereum ema yesterday trend levels december

Источник: bitcoinexchangeguide.com

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