Ethereum Facing Resistance Around $2,400 Price Area - What Next?

Ethereum Facing Resistance Around $2,400 Price Area - What Next?

July 28
MD Rockybul Hasan
Bitcoin Cash (bch)
Litecoin (ltc)
Forex economic calendar is essential for forex trading. In this article, we will explore the importance of using a forex economic calendar.
BTC/USD tried to break 40000 level on Monday but failed and retraced. From the technical point of view, the pair stays above both 50 Moving Average (red line) and 200 Moving Average (dark blue line), which is a signal of the bullish trend.
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Ethereum has become volatile and still residing inside the range of $2,400 to $1,700 price area. Ethereum is facing resistance.
Ripple bulls have regained momentum after bouncing from $0.61 to $0.62 support area. Ripple found support around $0.62 area.