ETHEREUM: Technical Analysis
At the time of writing, Ethereum [ETH] is trading at $175.55 with a market cap of $18.13 billion. The 1-day chart shows an insignificant growth of 1.15%. The coin is being traded on various exchanges such as Binance, Huobi etc., with the highest volume of 4.84% from OEX on ETH/BTC trading pairs.
The 1-hour chart of ETH shows a downtrend extending from $210 to $178 and the resistance points fixed at $210.28 and $200.63. The uptrend in this time frame is from $172 – $174 – $176 with a recent support point set at $172.
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