On Thursday, October 24, the ETH fell further to $160 in a low-volatility session.
Following the general cryptomarket trend, the ETH/USD pair registered some serious gains on Friday, October 25. It added 13 percent to its value and climbed to $181, successfully regaining position above the critical support level of $180.
On Saturday, October 26, we saw it peaking at $198, but bulls could not consolidate properly and only managed to hold to the above-mentioned line.
The last day of the week found ETH moving up to $184. It closed the week 5 percent higher than the previous one.
We expect consolidation around the $180-$190 area and eventually - a test of $200. The opposite would naturally mean we can see the eth dropping below $180 once again.
Following the general cryptomarket trend, the ETH/USD pair registered some serious gains on Friday, October 25. It added 13 percent to its value and climbed to $181, successfully regaining position above the critical support level of $180.
On Saturday, October 26, we saw it peaking at $198, but bulls could not consolidate properly and only managed to hold to the above-mentioned line.
The last day of the week found ETH moving up to $184. It closed the week 5 percent higher than the previous one.
We expect consolidation around the $180-$190 area and eventually - a test of $200. The opposite would naturally mean we can see the eth dropping below $180 once again.
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