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Saturday, April 2, 2016

ETH - .0272 btc - April 2nd, 2016

Today's ETHEREUM Price .0272
Buy Support 10.6K BTC
24 Hour ETH Volume 12.2K BTC
# Available For Trade 702K
24 Hour Range .0270-.0284
(all figures from Poloniex)

Hello readers.... yesterday continued the ETH price slide begun on March 30th after the latest attempt to push towards the .030 level. The tether market at 7:00 AM was 11.44 USD at Poloniex. (Poloniex is where I hold and trade my ETH stash.)

The long term charts have now had THREE toppings right near the .0294 area - one before the spike and two afterwards.... but IMO the support at this level of .0272 seems stronger this time and may prevent tumbling back towards the .0231-.0242 support level. (Is .0252-.0262 the new short term bottom/?)

Today's Predictions - Low Volatility continues - possible reversal of trend to `level'... much trading in the .0270's. Predicted 24 hour range.... .0266 - .0281 - well see...right?
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1 comment:

  1. Great info on the ETH...everything one needs to know to make an intelligent trade.

    ReplyDelete

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