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Ethereum Closely Holding Resistance at Bull Market Support Band

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Ethereum (BITSTAMP:ETHUSD)  
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BITSTAMP:ETHUSD   Ethereum
Trend Analysis Support and Resistance ETH ETHUSD Ethereum (Cryptocurrency) Bullish Patterns bullmarketsupportband bullmarketsupport crypto Cryptocurrency
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trendanalysis supportandresistance eth ethusd ethereum bullish bullmarketsupportband bullmarketsupport crypto cryptocurrency
Ethereum is interacting well with the Bull Market Support Band indicator where it bounced from the 21W EMA on May 23rd, fell below the support band in mid-June and is now holding resistance at the 20W SMA level for over a week. Once ETH/USD breaks through the support band and holds it as support, we may see bullish action again.

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Bull Market Support Band (20w SMA, 21w EMA)
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