• 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.

Weekly insight ETHUSD extends upward trend -  anticipate an attempt to continue growth and further development of an upward trend

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.

 

Ethereum Analysis

Date Open High Low Close Volume Market Cap
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

 

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Market Quotes by TradingView

Cryptocurrency Benefits and Drawbacks

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