Technical analytics

Ethereum

Cryptocurrencies

Ethereum remained in the negative ground. However, sellers lost the downward strength when they met a decent barrier at 350.000. They spent the whole Thursday struggling with the level and when exhausted they abandoned the area of recent lows and pushed the rate to 375.000. The moving averages are heading lower. MACD is growing in a negative area. RSI left the oversold readings. The resistance stands at 375.000, the support is at 350.000.


Failure to break below 350.000 could lead the crypto currency to the 385.000.