Ethereum (ETH) Price Analysis for August 21

Ethereum (ETH) Price Analysis for August 21

The cryptocurrency market is neither bullish nor bearish, according to CoinMarketCap.

ETH/USD

The rate of Ethereum (ETH) has gone down by 18.23% over the last week.

ETH/USD chart by TradingView

On the local time frame, Ethereum (ETH) has bounced off the $1,628 level. If buyers can’t seize the initiative, there is a high chance to see a test of the $1,600 mark by the end of the day.

ETH/USD chart by TradingView

On the daily chart, Ethereum (ETH) is located in the middle of the narrow range between the support at $1,524 and the resistance at…


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