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ETHEREUM (ETH) Midday Analysis 08-02-2018

 

 

The price of ETHEREUM has not shown any strong movement since morning, settling below 848.14, SMA 50 continues its negative pressure on the price, while Stochastic is showing a clear saturation in the buy.

From here, we continue to hold the bearishness below stability at 848.14, noting that our next target is at 712.00.

The trading range for today is expected among the support at 700.00 and the resistance at 900.00

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