Sydney, Australia – The crypto-verse being used for money laundering. Southwest of Sydney, on the 25th of September married couple...
For some time now, there is no significant movement in the pair of ETH/USD as it is fluctuating under the $308 mark resistance. As a pushing-forward indicator worth mentioning is Bitcoin Price reaching regularly All-time Highs as it increased above $4300. If you compare BTC/USD with other altcoins, they are having quite the struggle to find the right flow for moving upwards. BCH for example is barricaded by sellers as its value against the US dollar as it was flowing downward below $300 psychological level.
A very fluctuating movement was experienced over the past few days above the $280 supporting zone for Ethereum price against the US dollar. After testing its waters the support level showed stable ground and it started an upward trend.
As predicted and mentioned in the previous writing about the XRP/USD, the pair is still descending on its path. Now it seems it is done with its correctiong on the downwards flow in the hourly chart. The price is already turning its back and bouncing from the resistance as this is proportionally with a short-term area of interest.