Back to top
  • 링크복사 Copy link
  • 공유 Share
  • 인쇄 Print
  • 글자크기 Font size
URL copied.

Share

x
Investing

Crypto Technicals: ETH/USD slips below 170 mark, on track to test trendline support at 158

Thu, 29 Aug 2019, 07:21 am UTC

ETH/USD chart - Trading View

Exchange - Coinbase

Support: 158 (Trendline); Resistance: 180.76 (5-DMA)

Technical Analysis: Bias Bearish

Ethereum resumes weakness below 200-DMA, eyes trendline support at 158 level.

The pair was trading 2.22% lower on the day at 168.75 at 07:15 GMT.

Technical studies are bearish. RSI well below 50 and momentum highly bearish.

MACD below zero, volatility is high and ADX is rising in support of the downtrend.

The pair is on track to test trendline support at 158 level. Retrace above 200-DMA (200.55) negates bearish bias.

TokenPost | [email protected]

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Most Popular

1
Dogecoin Price Faces Risk of $0.20 Decline as $59M Whale Transfer Sparks Bearish Concerns
2
Crypto Bull Run Still Alive as Top Analyst Explains Bitcoin’s Potential to Break Records
3
XRP Ripple Whales Buying 80 Million Coins Sparks Bullish Hopes for a $3 Breakout
4
Ethereum Whales Seize the Dip with $61M Withdrawals Driving Prices Close to $4000 Resistance
5
Shiba Inu Plummets as Whales Move 2.75 Trillion SHIB in One Day
6
HYPE Token Skyrockets 35% as Market Cap Nears $10 Billion and Investors Eye $40 Milestone
7
Dogecoin Plummets 11% as Bollinger Bands Flash Oversold Signal Amid $35M Liquidations
8
'Hawk Tuah' Memecoin Plunge Triggers Lawsuit as Furious Investors Claim Fraud and Celebrity Hype Scandal
9
Bitcoin ETFs Bleed $671.9M in Record Outflows as BTC Price Dips Below $97K
10
XRP Slips to $2.28 While RLUSD Liquidity Fuels Optimism for a $3 Recovery

Category article

See more

Quantum Computers Could End Crypto? Craig Wright’s Stunning Rebuttal Shocks the Crypto World

Bitcoin Flirts With $100K Again! Experts Predict $200K ‘Golden Era’ as Rate Cut Buzz Soars

Why Ethena’s Price Shot Up 10% While the Crypto Market Struggled

Bitcoin Hits $100K! Miners Celebrate $71 Billion Payday While Netizens Ask: ‘Is This the Peak?’

CAT Rallies 50% as Binance Unveils Simon Cat and Pudgy Penguins With Zero-Fee and 75x Futures

HYPE Token Skyrockets 35% as Market Cap Nears $10 Billion and Investors Eye $40 Milestone

Dogecoin Price Faces Risk of $0.20 Decline as $59M Whale Transfer Sparks Bearish Concerns

Bitcoin’s Path to $150K? DeVere CEO Predicts a Dramatic Surge Amid Trump’s Pro-Crypto Policies!

60.9 Billion Dogecoin Transacted in 24 Hours, DOGE Army Bullish Despite Price Slump

Ethereum Hits $4000 as Whale Wallets Signal ATH Surge Toward $7000 in 2025

Comment 0

Comment tips

Great article. Requesting a follow-up. Excellent analysis.

0/1000

Comment tips

Great article. Requesting a follow-up. Excellent analysis.
1