Distribution territories: $550.00, $600.00, $650.00. Accumulation territories: $350.00, $300.00, $250.00. Last week, Ethereum saw its value drop against the US dollar. The week before, the cryptocurrency saw its price appreciate. When the market closed on July 8, the pair was faintly showing bearish signals and these eventually led to a major decline, which occurred on July 10. On the following day, ETH began moving in a range outlook until now. The bulls have been under the bears’ selling pressure. Ethereum’s price has been traded below the 14-day SMA. The 50-day SMA is located above the 14-day SMA. The Stochastic ... (full story)