The coin has been in a corrective movement for a while now and is heading to the next resistance level, and a break of the next level will accelerate the price to a major price barrier level.
Supply levels: $302, $324, $363
Demand levels: $273, $259, $225
ETHUSD Trends: Bullish
ETHUSD trend is now bullish. The crypto aligned with the major bullish market trend. The market in the course of its corrective movement came down to the price barrier of $273 and has since moved up above the resistance level of $302 and is set to move higher to $324 or $363.
The 14 and 50 Exponential Moving Averages are widely set for a bullish market trend, and the price is now above the two EMAs, while the MACD Indicator is yet to signal for bullish support.
ETHBTC Market Analysis: Ranging
ETHBTC is in a range zone, the price had a bullish rejection on a price barrier level, and is going down to the next resistance level, a break out from there will push the price to a new lower low level.
The price is currently below the two Exponential Moving Averages, while the MACD Indicator is yet to cross for a bearish market indication.
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