Ethereum started an upside correction above $1,250 against the US Dollar, following XRP rally. ETH could gain bullish momentum if it clears the $1,400 resistance.
- Ethereum je započeo talas oporavka iznad nivoa od 1,250 i 1,300 dolara.
- Cijena se sada trguje iznad 1,300 dolara i 100 pokretnih prosjeka po satu.
- Postoji glavna medvjeđa linija kretanja koja se kreće s otporom blizu 1,385 dolara na satnom grafikonu ETH / USD (podatak podataka putem Kraken-a).
- The pair could recover further it clears the key $1,400 resistance zone.
Ethereum Price Recovers
Ethereum managed to stay above the 1,220 $ zona podrške. ETH started an upside correction above the $1,250 level after ripple’s xrp started a strong upward move.
Ether price was able to clear the $1,260 and $1,280 resistance levels. There was a break above the 50% Fib retracement level of the downward move from the $1,420 swing high to $1,220 low. It is now trading above $1,300 and the 100 satni jednostavan klizni prosjek.
It seems like the price is trading in a positive zone above the $1,320 level. On the upside, the price is facing resistance near the $1,380 level.
There is also a major bearish trend line forming with resistance near $1,385 on the hourly chart of ETH/USD. The trend line is near the 76.4% Fib retracement level of the downward move from the $1,420 swing high to $1,220 low.
Izvor: ETHUSD na TradingView.com
The next major resistance is near $1,400 level. A clear break above $1,400 might start a decent increase towards the $1,450 level. Any more gains may perhaps open the doors for a move towards the $1,500 resistance.
Novi pad u ETH?
If ethereum fails to recover above the $1,400 resistance, it could start a fresh decline. An initial support on the downside is near the $1,330 zone and the 100 hourly simple moving average.
The next major support is near the $1,288 level. A downside break below the $1,288 support might spark another sharp decline. In the stated case, ether price might drop towards the $1,220 level in the near term. Any more losses could increase selling and the price might drop to $1,150.
Tehnički indikatori
Hourly MACD - MACD za ETH / USD sada dobija na značaju u zoni bika.
Počasi RSI - RSI za ETH / USD sada je iznad nivoa 50.
Glavni nivo podrške - 1,288 USD
Glavni nivo otpora - 1,400 USD
Source: https://www.newsbtc.com/analysis/eth/ethereum-crucial-breakout-1400/