Technical analysis of Ethereum for July 26, 2018


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


The material has been provided by InstaForex Company -