- ETHUSD is trading at 465.36.
- A test of level 440.50 is expected
- upward trend target near the level of 556.40.
Weekly insight ETHUSD extends upward trend – anticipate an attempt to continue growth and further development of an upward trend
Ethereum ETHUSD is trading at 465.36. Quotes of the currency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Ethereum. At the moment, the quotes of the cryptocurrency are moving near the upper edge of the Bollinger Bands indicator bars. A test of level 440.50 is expected, from which one should anticipate an attempt to continue growth and further development of an upward trend with a target near the level of 556.40.
ETHUSD extends upward trend
The conservative shopping area is near the lower border of the Bollinger Bands indicator strip at 292.30. The abolition of the continuation of Ethereum growth will be the end of the lower edge of the Bollinger Bands indicator bands, as well as the moving average with a period of 55 and the closing of the pair’s quotes below the area of 270.80, indicating a change in the bearish trend for ETHUSD. In the event of end of the upper level of the bands of the indicator Bollinger Bands, one should expect an acceleration of growth.
|Nov 26, 2017||465.97||472.72||451.61||471.33||1,197,780,000||44,712,100,000|
|Nov 25, 2017||475.68||485.19||461.05||466.28||1,422,080,000||45,633,400,000|
|Nov 24, 2017||412.50||480.97||402.76||474.91||2,292,830,000||39,564,300,000|
|Nov 23, 2017||381.44||425.55||376.09||410.17||1,845,680,000||36,577,300,000|
|Nov 22, 2017||360.31||381.42||360.15||380.65||800,819,000||34,544,000,000|
|Nov 21, 2017||367.44||372.47||350.69||360.40||949,912,000||35,220,200,000|
|Nov 20, 2017||354.09||372.14||353.29||366.73||807,027,000||33,933,400,000|
|Nov 19, 2017||347.40||371.29||344.74||354.39||1,181,530,000||33,284,900,000|
|Nov 18, 2017||331.98||349.62||327.69||347.61||649,639,000||31,800,700,000|
|Nov 17, 2017||330.17||334.96||327.52||332.39||621,733,000||31,620,300,000|
|Nov 16, 2017||333.44||336.16||323.61||330.92||797,254,000||31,927,300,000|
|Nov 15, 2017||337.96||340.91||329.81||333.36||722,666,000||32,353,200,000|
|Nov 14, 2017||316.76||340.18||316.76||337.63||1,069,680,000||30,317,300,000|
|Nov 13, 2017||307.02||328.42||307.02||316.72||1,041,890,000||29,379,000,000|
|Nov 12, 2017||314.69||319.15||298.51||307.91||1,613,480,000||30,106,200,000|
|Nov 11, 2017||298.59||319.45||298.19||314.68||842,301,000||28,559,400,000|
|Nov 10, 2017||320.67||324.72||294.54||299.25||885,986,000||30,665,200,000|
|Nov 09, 2017||308.64||329.45||307.06||320.88||893,250,000||29,509,000,000|
|Nov 08, 2017||294.27||318.70||293.10||309.07||967,956,000||28,128,700,000|
|Nov 07, 2017||298.57||304.84||290.77||294.66||540,766,000||28,533,300,000|
|Nov 06, 2017||296.43||305.42||293.72||298.89||579,359,000||28,322,700,000|
|Nov 05, 2017||300.04||301.37||295.12||296.26||337,658,000||28,661,500,000|
|Nov 04, 2017||305.48||305.48||295.80||300.47||416,479,000||29,175,300,000|
|Nov 03, 2017||288.50||308.31||287.69||305.71||646,340,000||27,547,400,000|
|Nov 02, 2017||290.73||293.91||281.17||287.43||904,901,000||27,754,200,000|
|Nov 01, 2017||305.76||306.40||290.58||291.69||553,864,000||29,183,600,000|
|Oct 31, 2017||307.38||310.55||305.88||305.88||369,583,000||29,331,500,000|
|Oct 30, 2017||304.78||310.50||304.35||307.75||331,442,000||29,077,600,000|
|Oct 29, 2017||296.38||313.75||296.38||305.09||551,752,000||28,270,200,000|
|Oct 28, 2017||297.92||300.36||293.58||296.30||264,424,000||28,410,400,000|
|BITCOIN | RIPPLE | DASHCOIN | Ethereum | LTCUSD news | ZCASH | Ethereum Classic | BITCOIN CASH | Monero |
Market Quotes by TradingView
Cryptocurrency Benefits and Drawbacks
Cryptocurrencies make it less complicated to transfer price range among two events in a transaction; these transfers are facilitated via using public and private keys for security functions. These fund transfers are executed with minimum processing prices, allowing users to keep away from the steep fees charged by maximum banks and monetary institutions for twine transfers.
Valuable to the genius of bitcoin is the blockchain it uses to store an internet ledger of all the transactions that have ever been carried out using bitcoins, imparting a statistics structure for this ledger that is uncovered to a restricted hazard from hackers and can be copied throughout all computers running bitcoin software. Many professionals see this block chain as having important uses in technology, which includes online voting and crowdfunding, and major monetary establishments along with jp morgan chase see capacity in cryptocurrencies to decrease transaction fees with the aid of making fee processing greener.
But, because cryptocurrencies are virtual and do no longer have a valuable repository, a digital cryptocurrency stability may be worn out by a laptop crash if a backup copy of the holdings does no longer exist. When you consider that charges are primarily based on deliver and call for, the price at which a cryptocurrency can be exchanged for another forex can differ widely.
( ETH ) (BTC ) ( XRP ) ( LTC ) ( DASH ) ( NEM ) ( ETC )
Social Media links
Facebook page FOREXINVESTORS
NEXUS SOCIAL JADTECNIC