Ethereum Price Analysis 25th December

Ethereum Price Analysis 25th December

ETH/USD

Ether (ETH) diverted down from the 20-day EMA and broke underneath the quick help at $125. Both moving midpoints are inclining down and the RSI is near oversold region, which recommends that bears are in order.
The following stop is probably going to be $117.09. On the off chance that this level likewise splits, the downtrend will continue. The following objective to watch on the drawback is $100.
On the other hand, if the bulls protect the help at $117.09, a couple of long stretches of range-bound activity is likely. We will sit tight for the ETH/USD pair to break out of the 20-day EMA before turning positive.