Nov 21, 2019
5 Views
0 0

Ethereum Price and Technical Market Analysis 21st November 2019

Written by

Ethereum Price and Technical Market Analysis 21st November 2019

Today, sellers have managed to clear an obstacle on the way to the fall continuation, namely, Ethereum price mark $180.  After this, they tested the bottom line of consolidation at the range $155-160. If we analyze the consolidation between $180 and $200, which has been going on for the month since 26 October, we see that it was not so easy to reverse the price to sellers.

Pay attention to the first unsuccessful attempt of buyers to pass Ethereum price $200. On 11 October, buyers were only able to touch this price and after that, sellers organized their local trend. In this case, we see that it has taken some time for sellers to absorb all buyer demand. Looking at the volumes with which sellers have come to the bottom of consolidation, it is still early for buyers to worry:

READ IN FULL

Article Categories:
BitcoinNews · News

Leave a Reply

Your email address will not be published. Required fields are marked *