CoinMarketCap data point to the strengthening of bearish sentiment in the market Ethereum. On November 15 the amounts of capitalization ETH steadily decreased and as of 18:00 GMT on 17 November of $17.9 billion, against a volume of $18.7 billion at the beginning of the studied three-day period.
Recall that wave of panic sales Ethereum November 14-15 washed out of the market the largest Aldona about $4 billion. Capitalization of ETH in these days has reached the yearly low at $17.5 billion, which was recorded in September.
The weighted average price for the coin, Ethereum is $173,50. On bitcoin exchanges, where Ethereum is quoted to the dollar, for the coin, ETH offer $171,30.
Analysts, based on the data of the technical analysis course pair of ETH/USD forecast further decline in the price of scriptactive. It is expected that after the breakdown of support at $170 quotes Ethereum will slip at least to the extreme price level at $165.