RATE Group | Ethereum (ETH) Price Analysis – September 27
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Ethereum (ETH) Price Analysis – September 27

27 Sep Ethereum (ETH) Price Analysis – September 27

Posted at 16:52h in Ethereum News by

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Ethereum (ETH) Price Analysis – September 27

ethereum-eth-price-analysis-september-27

  • The medium and short-term outloook is consolidating.

  • Traders should be patient at this period of consolidation.

Ethereum, ETHUSD, Cryptocurrencies, chartEthereum Chart by TradingView

Ethereum Price Medium-term Trend: Ranging

Supply zones: $400, $450, $500

Demand zones: $150, $100, $50

ETH continues in the range in its medium-term outlook. The formation of a bearish railroad at $221.83 in the supply area brought the bears back to the market. ETH was down $209.96 to in the demand area.

The stochastic oscillator is at and its signal points up. This implies an upward momentum in price.

The cryptocurrency is in consolidation trading between $222.44 in the upper supply area and at $203.31 in the lower demand area of the range. Traders should be…

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