Ethereum Price Analysis – 11/11/2019

Ethereum price experienced the upwards trend in October, almost reaching almost the level of $200 and then following the downwards tendency, decreasing back to the level of $150 approximately and soaring again to $200. The price started November with fluctuating above$175 level and below $195 approximately. Currently, it is still fluctuating in the diapason of $180-195.


Bullish scenario: The $195 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 $180 level and in case of this scenario the area of $170-150.
Neutral scenario: Further fluctuations near the control price of the $180-$195 area are expected.