On May 13, 2019, the price of ETH made a low of ₿0.02475. A rapid upward move ensued and a high of ₿0.0348 was reached on May 16. Since then, the Ethereum price has been decreasing — reaching lows similar to those on May 13. Will prices begin to

Since then, the Ethereum price has been decreasing — reaching lows similar to those on May 13.

Will prices begin to reverse? Keep reading below and find out:

Ethereum Price: Trends and Highlights for June 28

  • ETH/BTC is trading inside a descending channel.
  • The Ethereum price is inside a long-term support area.
  • There is bullish divergence developing in the RSI and the MACD.
  • The weekly moving averages are offering resistance to the price.
  • There is a strong support area near ₿0.025.

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