Ethereum extended its decline below the $1,240 support against the US Dollar. ETH remains at a risk of more losses below the $1,220 support in the near term.
- Ethereum remained in a bearish zone and traded below the $1,240 support.
- Cijena se sada trguje ispod 1,250 američkih dolara i 100 pokretnih prosjeka po satu.
- Postoji ključna medvjeđa linija trenda koja se stvara s otporom blizu 1,245 USD na satnom grafikonu ETH / USD (podatak podataka putem Kraken-a).
- The pair remains at a risk of a downside break below the $1,220 support.
Ethereum Price Visits Key Support
Ethereum price failed to recover losses and extended its decline below the $1,250 level. ETH even traded below the $1,240 support level and the 100 hourly simple moving average, similar to Bitcoin.
The price moved into a short-term bearish zone and even tested the $1,220 support. A low is formed near $1,220 and is currently consolidating losses. Ether price is now trading below $1,250 and the 100 satni jednostavan klizni prosjek.
There is also a key bearish trend line forming with resistance near $1,245 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $1,235 level. The 23.6% Fib retracement level of the recent drop from the $1,278 swing high to $1,220 low is also near $1,235.
The first major resistance is near the $1,245 level and the bearish trend line. Besides, the 50% Fib retracement level of the recent drop from the $1,278 swing high to $1,220 low and the 100 hourly simple moving average is near the $1,250 level.
Izvor: ETHUSD na TradingView.com
A close above the $1,250 resistance might start a fresh increase. The next major resistance is near the $1,280 level, above which ether price could gain bullish momentum for a move to $1,310. Any more gains might send the price towards the $1,350 resistance zone.
Više gubitaka u ETH?
Ako se Ethereum ne uspije oporaviti iznad otpora od 1,250 dolara, mogao bi nastaviti da pada. Početna podrška na donjoj strani je blizu nivoa od 1,220 dolara.
The next major support is near the $1,200 level. If there is a break and close below $1,200, the price could even drop towards the $1,165 support. Any more losses could lead the price towards the $1,075 support.
Tehnički indikatori
Hourly MACD - MACD za ETH / USD sada uzima maha u medvjeđoj zoni.
Počasi RSI - RSI za ETH / USD sada je ispod nivoa 50.
Glavni nivo podrške - 1,220 USD
Glavni nivo otpora - 1,250 USD
Source: https://newsbtc.com/analysis/eth/ethereum-price-nears-breakdown-support-can-bulls-save-the-day/