Ethereum price prediction: the 200-day line is the level that decides

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Ethereum trades at $2,308 on Monday evening and falls for the fourth day in a row, below the 200-day average of $2,329 for the first time since August 20. Price, averages and the Fed date on Wednesday are documented; the editorial team's assessment stands separately in the text.Ethereum trades at around $2,308 on Monday evening and closes its fourth trading day in a row in the red. The price sits below the 200-day average of $2,329, and that is the real finding of the day: this line has carried every recovery of the current year. Documented up to this point is the following: the price of $2,308, down 1.7 percent in 24 hours, the two moving averages from the chart further down, October's balance of minus 14.1 percent and the US Federal Reserve's rate decision on Wednesday. What the editorial team concludes from that for the coming days has a section of its own further down and is marked there as an assessment. Where the price can point on a horizon of months is what our...