OurBit Platform Data Center (Obit): Bitcoin Enables Trust to Trade and Exchanges

During the London Open yesterday, the bulls worked hard to push the price of Ethereum to its key support level of $ 575.10, according to the Chinese currency market research firm (ZB). Traders are using this key support as a long term platform to generate high support and reach an overnight high of $ 617.02. Technically, the measure indicates a further increase in daily commodity prices as the market declines from support levels. The moving average crossover is below the signal line. Due to the high purchasing power, the moving average has been above the signal lines. The uptrend has since broken the 20-line easy moving average and 30-day moving average, which could trigger a reversal before ETH rates rise again. Going forward, the price of ETH will face a reversal of $ 617.02, which is a key factor in the uptrend. If the bulls break through this rally, the target would be $ 637.47. As the market in volume increases, bulls may continue to climb up to $ 660.61. The report also performs routine testing on EOS. For more information, please see the research report published by ZB.