By Dmitriy Gurkovskiy, Chief Analyst at RoboForex This morning, Friday, March 13th, the ETH is attempting to correct after a disastrous slump yesterday. It is generally trading at 119.40 USD. Last time, the ETH was so cheap in February 2019. The Ethereum is experiencing sales alongside with virtually the whole crypto market. Some cryptocurrencies have lately declined by 50%. On D1, the declining wave tested the psychologically important support level of 100.00 USD. In the short term, the quotations may perform an ascending correction. However, after the pullback, the decline will continue, aiming at the long-term low of 80.86 USD
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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 11th, the ETH is declining, trading at $219.78. This is the second day in a row in the “red zone”. On D1, the Ethereum keeps demonstrating an uptrend as a correction of the previous decline. By now, the quotations have broken out the resistance line of the previous channel, which means an attempt to speed up the growth to the target level of 50.0% ($239.50) Fibo. Also, the ascending of the MACD lines supports the market intention to grow. However, in the short term there might happen a pullback to 
