Ethereum (ETH) is in an uptrend and breaking out above the moving average lines. The Ether price rose to a high of $1,596, but is rejected at the recent high. Today, the cryptocurrency has suffered a setback and is moving above the support of $1,507.
In other words, it is trading between the price levels of $1,400 and $1,600. If the buyers break the resistance at $1,600, the market will rise to $1,800 and $2,019. Conversely, if Ether falls back below the support at $1,400, the downtrend will continue. Ether will then fall to the range between $1,220 and $1,400. In the meantime, the altcoin is trading above the $1,507 support.
Analiza pokazatelja Ethereum
According to the period 14 Relative Strength Index data, the largest altcoin is at level 63. The altcoin is in the bullish trend zone and could continue to rise. The fact that the price bars are above the moving average lines suggests that the value of the currency could increase. Ether is below the 40% zone of the daily stochastic, which indicates bearish momentum.
Tehnički indikatori:
Glavni nivo otpora - 2,000 i 2,500 dolara
Glavni nivoi podrške - 1,500 i 1,000 dolara
Koji je sljedeći smjer za Ethereum?
On the 4-hour chart, the largest altcoin has retreated above the 21-day line SMA. If the 21-day line SMA holds, Ethereum will start a new uptrend. Above the 21-day line SMA there is a bullish candle. This is an indication of a possible uptrend.
Odricanje od odgovornosti. Ova analiza i prognoza su lično mišljenje autora i nisu preporuka za kupovinu ili prodaju kriptovalute i ne treba ih posmatrati kao podršku od strane CoinIdola. Čitaoci bi trebali istražiti prije ulaganja u fondove.
Source: https://coinidol.com/ethereum-approaches-next-obstacle/