tthuma

ETHUSD Price Analysis

BITFINEX:ETHUSD   Ethereum
Ether's price seems stuck in a small price range of <$10. There were very high volumes in September, which probably led to low price movements recently.
However there are still visible tight ranges of resistances and supports. Ether will probably have a lot of troubles settling above $210, but if it happens, this could open doors to turn the market into a bullish one. On the downside, if the price drops below $200, sellers can take control of the market and push the price lower.
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