#Ethereum Price Analysis – 28/10/2019

Ethereum price after the fluctuations in the range of approximately $165-$185 in the beginning of October broke the upper border of the diapason, reaching $190 level, the high of the month. Then followed a decrease to $175 level with the further recovery to about $190 level. Now the price is fluctuating below this level.
 
Bullish scenario: The $190 level is still the basic target of buyers. On a global scale, bulls are interested in the $200-$230 zone.
Bearish scenario:  Bears are interested to test the $175 level and in case of this scenario the area of $160-150.
Neutral scenario: Further fluctuations near the control price of the $175-$190 area are expected.