Ethereum Price Prediction: Long-term (ETH) Value Forecast – July 27
- The ETH price was depreciated by 28.62 % of its capitalization in July 2019.
- On the downside, if the price continues its fall it may reach the previous low of $175 and $200.
ETH/USD Long-term Trend: Bearish
- Resistance Levels: $240, $260, $280
- Support Levels: $200, $180, $160
The ETH/USD pair was in a bearish trend in July 2019. On June 26, the pair reached a high of $340 but were resisted. On July 1, the ETH price has an opening balance of $290 and a closing balance of $207 as of July 27, 2019.
The ETH price was depreciated by 28.62 % of its capitalization in July 2019. On July 10, the bulls were resisted at the $320 price level. The bears broke the 12-day EMA and the 26-day EMA to reach the bearish trend zone. On July 16, the downward trend was corrected at the support of the $198 price level.
On July 17, the bulls made an upward move to break above the EMAs but were resisted. The ETH market is in a range bound move below the EMAs. On the downside, if the price continues its fall it may reach the previous low of $175 and $200. Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.
Ethereum’s price is $1,649.68 ETH/USD exchange rate today. The real-time ETH market cap of $189.6 Billion currently ranks #2 with , daily trading volume of $9.39 Billion and live coin value change of ETH 6.77 in the last 24 hours.
Live Ethereum (ETH) Price:
1 ETH/USD =$1,649.6777 change ~ 6.77%
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