Ether Traded at $2,420, Below Earlier October Averages

Ether (ETH) was priced at $2,420.16 late Oct. 18, below two moving-average readings from Oct. 15 and within an October forecast range of $2,300 to $2,650. At 11:43 p.m. ET Oct. 18 (03:43 UTC Oct. 19), Ether’s 24-hour range was $2,327.05 to $2,434.35. The Oct. 15 technical snapshot put Ether’s 50-day exponential moving average at $2,494.60 and its 20-day average at $2,549.40. It also showed a 14-day relative strength index of 39.69. Those readings predate the price snapshot by several days. An October forecast put Ether at $2,550 within a projected monthly range of $2,300 to $2,650. The Oct. 18 quote fell inside that range. Ether was also below its 50-day average in an Oct. 13 market snapshot . Enna Lee reports on investing and digital-asset markets for TokenPost.

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