Ethereum Price Analysis - 09/09/2019
Ethereum (ETH/USD) price started the month with an increase from about $165 to $185 approximately, but then the price changed the way and decreased to the level of about $170. Then the price again started to grow, but an increase was stopped below $180 level with the drop to $165 level again. After that the price experienced an increase and reached the high of the month on the 8th of September, crossing $180. Currently the price fluctuates above $175 level, showing the war between buyers and sellers.
Bullish scenario: Bulls may attack the high-volume level of $190 and move into the interval of $205-220.
Bearish scenario: Bears are primarily interested to test the $170 level and in case of this scenario $165-$150.
Neutral scenario: We can expect consolidation on the current area ($170-$190).