Ethereum price around the moving average – Analysis - 10-10-2018

Ethereum price fluctuates near the EMA50, and stochastic managed to get rid of its negativity and it gained the positive momentum on the four hours’ time frame, reinforcing the expectations for the continuation of the positive scenario on the intraday and short term basis, which targets 250.55 then 270.21 levels as a next main stations, while holding above 199.10 represents an important condition for achieving the waited targets.

Expected trading range for today is between 218.00 support and 250.00 resistance

Expected trend for today: Bullish