Monday, September 10, 2018

Ether Price Analysis Market Indecision Could Cause Short Covering Rally



Ether Price Analysis Market Indecision Could Cause Short Covering Rally
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n nn nn When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range.Since then, the market has dropped another 30 as ether tests the waters in the upper $190 rangeFigure 1 ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. However, one thing to note is how little the last few candles have progressed compared to the large amounts of s

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