Ethereum [ETH] Price Analysis: Prices rise, but bears yet to abandon the market
Ethereum [ETH] continued
Ethereum 1-day chart
The one-day chart for Ethereum exhibited a downtrend which lowered the valuation from $140.71 to $108.79. However, the recent bullish run helped the token improve its price from $140.71 to $181.34. The resistance line since the bullish wave has remained at $181.84, while the support line was at $105.78.
The Parabolic SAR’s dotted markers remained above the candlesticks and pointed towards a bearish trend for the token.
The Awesome Oscillator gave the bears an upper hand in terms of market momentum as red bars dominated the chart.