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Crypto Technicals: ETH/USD resumes upside after brief pause, breaks above 200H MA

Fri, 29 Nov 2019, 11:19 am UTC

ETH/USD chart - Trading View

Exchange - Coinbase

Support: 150.47 (5-DMA); Resistance: 163.79 (21-EMA)

Technical Analysis: Bias turning bullish

ETH/USD has resumed upside after a brief pause on Thursday's trade.

The pair was trading at 154.28, up 2.17% at 11:00 GMT after closing 1.30% lower in the previous session.

Technical indicators are turning slightly bullish. 5-DMA is now biased higher.

Stochs and RSI have rolled over from oversold into neutral territory and are biased higher.

Price action is holding above 5-DMA support and is extending break above 200H MA.

The pair is on track for further upside. Bulls eye 21-EMA at 163.79 ahead of 20-DMA at 168.06.

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  • Bitcoin (BTC) $7,578.47 (+0.23%)
  • Ethereum (ETH) $151.88 (+1.93%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $215.00 (+0.47%)
  • Litecoin (LTC) $46.11 (+0.70%)
  • Bitcoin (BTC) $7,578.47 (+0.23%)
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