ETH Price Prediction – July 22
The Ethereum (ETH) has responded to Bitcoin’s recent price escalation above $9,500.
Resistance levels: $280, $285, $290
Support levels: $240, $235, $230
ETH/USD has been consolidating within the ascending channel for the past few days. For now, the Ethereum (ETH) is currently trading at $263.90 above the 9-day and 21-day moving averages at the time of writing. More so, at the opening of the market today, the daily chart shows that the price first dipped $245, where it met a $239.95 support level.
However, in the last few minutes, ETH/USD buyers have retained control of the market. Although, yesterday’s trading has been a resounding victory for the bulls as Ethereum’s price jumped up from $263 to $245, breaking above the moving averages in the process. The daily breakdown shows us that ETH/USD is following an uptrend … Read more