Mid-day update of the price of Ethereum 08-02-2018

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·@ohamdache·
0.000 HBD
Mid-day update of the price of Ethereum 08-02-2018
![Ethereum.png](https://steemitimages.com/DQmTSaiNRBv2a2jN1orVVZ2n6Rned3RjTQqAjZHQzTzR2TQ/Ethereum.png)

http://www.fxnewstoday.ae/AjaxGetImage?image_name=1518088505.png


The price of the Ethereum has not shown any strong movement since the morning, settling below 848.14, SMA 50 continues its negative pressure on the price, while Stochastic is showing a clear saturation.

From here, we continue to hold the bearishness below stability at 848.14, noting that our next target is at 712.00.

The trading range for today is expected among the support at 700.00 and the resistance at 900.00

The general trend for today is **bearish**
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