Ethereum Price Prediction and Analysis For August 21st: ETH Stumbled on Market Moods

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests the development of an uptrend but only after a breakaway of the resistance line of the current channel. Another confirmation of the growth would be the Gold Cross on the MACD. The goals of the growth are at $231.50 and $262.60. On H1, the short-term

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