Technical analysis of Ethereum for July 26, 2018

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On the 4-hour chart on Ethereum, we see a convergence between the stochastic oscilator and the price. The price of this crypto currency is moving orderly inside the upward sloping channel and above the 21-period Moving Average (with the upward slope too). On the grounds of this fact, Ethereum is set to trade with the bullish bias at least until Monday July 30, 2018

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The material has been provided by InstaForex Company - www.instaforex.com