Ethereum Price Analysis and Prediction: ETH Slumbered Under The Bears’ Pressure

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex
On Friday, September 27th, ETH remains under pressure, trading at $165.51.
On D1, the Ethereum price is developing a new impulse of decline upon completing a pullback. The downtrend is nearing 76.0% ($148.50) Fibo, and its breakaway will be the gateway to the key minimum of $80.86. As for the possibility of growth, it might be signaled by a breakaway of the resistance level near $222.25. The MACD with its descending lines support the current bear…

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