Reason to trust
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Made by experts from the industry and carefully assessed
The highest standards in reporting and publishing
Strictly editorial policy that focuses on accuracy, relevance and impartiality
Morbi Pretium Leo et Nisl Aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque NEC, Ullamcorper Eu Odio.
Este Artículo También Está Disponible and Español.
Ethereum -Price remained supported above the level of $ 1,980. ETH is rising now and can strive for a movement above the $ 2,050 resistance.
- Ethereum corrected lower and tested the support level of $ 1,980.
- The price acts under $ 2,040 and the 100-Urly simple advancing average.
- There is a connecting Bearish trend line that forms with resistance at $ 2,050 on the hourly table of ETH/USD (data feed via Kraken).
- The couple must delete the resistance levels of $ 2,050 and $ 2,100 to start a considerable increase.
Ethereum -Price is reserved
Ethereum -price could not be higher than higher above $ 2,100 and some profit, such as Bitcoin. ETH fell under the support levels of $ 2,020 and $ 2,000.
It tested the $ 1,980 zone. A low point was formed at $ 1,982 and the price is rising again. There was a movement above the level of $ 2,000. The price exceeded the 23.6% FIB retraction level of the recent decrease of the $ 2,097 Swing high to $ 1,982 low.
Ethereum price is now traded under $ 2,040 and the 100-hour simple advancing average. There is also a connecting Bearish trend line that forms with resistance at $ 2,050 on the ETH/USD per hour table.
At the top, the price seems to be dealing with obstacles in the vicinity of $ 2,040 and the 50% FIB racement level of the recent decrease in $ 2,097 Swing High to $ 1,982 low. The next key resistance is near the level of $ 2,050. The first major resistance is near the level of $ 2,100.
A clear movement above the $ 2,100 resistance can send the price to $ 2,150 resistance. An upward break above the $ 2,150 resistance can request more profit in the coming sessions. In the indicated case, Ether could rise to the $ 2,250 resistance zone or even $ 2,320 in the short term.
More losses in ETH?
If Ethereum did not know the resistance of $ 2,050, this can start a new decline. The first support on the other hand is near the level of $ 2,000. The first major support is near the $ 1,980 zone.
A clear movement under the support of $ 1,980 can push the price to the support of $ 1,920 and the trend line. More losses can send the price to the $ 1,880 support level in the short term. The following key support is at $ 1,810.
Technical indicators
Hour MacD – The MACD for ETH/USD loses momentum in the bullish zone.
Hour RSI – The RSI for ETH/USD is now below 50 zone.
Major support level – $ 2,000
Main resistance level – $ 2,050