The Ethereum price (ETH) is moving above the $1,500 support level after the price decline on March 3.
Dugoročna analiza cijene Ethereuma: medvjedast
Selling pressure has eased as the altcoin resumed its consolidation above the recent support. The largest altcoin is trading lightly due to the appearance of Doji candlesticks, small indecisive candles. Since March 3, the price movement above the support of $1,500 has not changed. Ethereum does not rise or fall above its current support level. A price rally will break out above resistance at $1,600 or the moving average lines to the upside. Ether will regain momentum and rise to its all-time high of $1,700. A break of the price, on the other hand, will break the support at $1,500. This would mean that the downtrend has resumed. Ether will fall and reach a low of $1,352. At the time of writing, Ether is currently trading at $1,564.20.
Analiza pokazatelja Ethereum
The largest altcoin is at Relative Strength Index level 44 for the period 14. It is in a bearish trend and is likely to fall further. The moving average lines are sloping horizontally, indicating a sideways trend. The upward momentum has slowed above the Stochastic daily level of 40.
Tehnički indikatori:
Ključni nivoi otpora - 2,000 USD i 2,500 USD
Ključni nivoi podrške - 1,800 USD i 1,300 USD
Koji je sljedeći smjer za Ethereum?
Ethereum is trading just above the $1,500 support level. The bullish candle on the 4-hour chart is rejected at the 21-day line SMA. Nevertheless, the price remains stable above the current support. However, a prolonged consolidation will lead to a price dip or rise. If the altcoin trend picks up, it will return to the $1,500-$1,700 range.
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Source: https://coinidol.com/ethereum-impasse/