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Amaphuzu avelele
Ethereum rebounds above $364 as the coin begins upside momentum
The coin is likely to retest the $395 resistance
Izibalo ze-Ethereum (ETH) Zamanje
Intengo yamanje: $ 376.62
Ukutshalwa Kwezimakethe: $ 42,580,385,793
Ivolumu yokuhweba: $ 10,563,951,832
Izindawo ezinkulu zokuhlinzeka: $ 280, $ 320, $ 360
Izindawo ezifunwa kakhulu: $ 160, $ 140, $ 100
Ukuhlaziywa Kwamanani e-Ethereum (ETH) Okthoba 18, 2020
Today, ETH rebounds above $369 support to reach a high of $374. For the past week, Ether has been on a downward move after rejection at the $395 resistance. The biggest altcoin fell and found support above $364 support. This enables the bulls to buy the dips. The upward move has been made possible because of the holding of the support at $350. The uptrend has reached a high of $376. Possibly, the altcoin is likely retest the $390 resistance.
Izinkomba Zezobuchwepheshe ze-ETH Ukufunda
The price bars have resumed above the SMAs which suggest a possible rise of the coin. Ether was previously below the 80% range of the daily stochastic. However, the stochastic bands are sloping upward indicating the upward movement of the coin.
Isiphetho
With the recent bounce above $369, the coin has returned to its bullishness. On October 18 uptrend the coin reached a high of $374 but was restricted. The retraced candle body tested the 50% Fibonacci retracement level. It indicates that there is a likelihood of Ether reaching level 2.0 Fibonacci extensions. This is equivalent to a high of $385.64
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