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RE: Ethereum (ETH) Price Update: Closing on 200 SMMA Support around $490

in #trading6 years ago

Eth can only move up from here after panic sell around Feb 11 and it will bounce slowly up to $700 which may take about a week or two....depends lot on what Bitcoin decides to move up or down.

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I think on this kind of market everything depends on bitcoin. Sudden spike or sell off on bitcoin will affect the whole crypto. Alt coins only grow when bitcoin consolidate.

May go down low as $490 til tomorrow night but looks like it will rebound off the support you pointed out and will spike up with Bitcoin on Monday and Tuesday.

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STEEM 0.17
TRX 0.15
JST 0.028
BTC 57949.44
ETH 2349.64
USDT 1.00
SBD 2.44