Ethereum

Ethereum $ETH Forecast: Thursday Edition – Sliding to $400 Pivot

2018-08-02

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This edition features popular Ethereum technical analyses from FXStreet, Bitcoin Exchange Guide and ETHNews. Or jump right to today’s Ethereum $ETH Forecast.

FXStreet Analysis

View: bearish

bearish

Tanya Abrosimova of FXStreet elucidates "ETH/USD moving towards critical $400 [and] However, a confluence of strong technical levels, located on the approach to this handle, may tame the bearish temper and trigger and upside recovery. Once below $400, there is nothing much in terms of support levels until $353 (2018 low)"

Bitcoin Exchange Guide Analysis

View: bearish

bearish

Dalmas Ngetich of Bitcoin Exchange Guide clarifies "Undoubtedly, sellers are in charge and so far, ETH prices are down 13 percent week over week"

ETHNews Analysis

View: bearish

bearish

Aayush Jindal of ETHNews illuminates "Ether’s price is moving south against the US dollar and bitcoin. ETH/USD is at risk of more losses below the $400.00 support area"

Ethereum $ETH Forecast

on Thursday 2nd of August 2018 11:00 PDT

bearishbearishbearish

The crypto pundits say: “bearish/bearish/bearish/”.

All three experts weigh in bearish today. The $ETH slide continues. Some experts feel $400 is a pivot point with triggered highs above $500 but lows at $350 or less. The BitForex $ETH/USDT spot price is $412.7800 at press time.


[legal disclaimer] Just one news report can invalidate a technical analysis.

Disclosure

The author holds $ETC and other cryptocurrencies at the time of writing.

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