עטהערעום בוללס האלט פּושינג, וואָס די מיטינג איז נאָך נישט איבער

Ethereum price rallied steadily and surpassed the $2,000 resistance. ETH is consolidating above $2,000 and might start a fresh increase toward $2,120.

• Ethereum rallied above the $2,000 and $2,050 levels before it corrected lower.
• די פּרייַז איז טריידינג העכער $ 2,020 און די 100-אַורלי פּשוט מאָווינג דורכשניטלעך.
• There is a key declining channel forming with support near $2,000 on the hourly chart of ETH/USD (data feed via Kraken).
• די פּאָר קען אָנהייבן אַ נייַע פאַרגרעסערן אויב עס קלירז די $ 2,085 קעגנשטעל זאָנע אין דעם לעבן טערמין.

עטהערעום פּרייס האלט שטיצן

This past week, we saw a strong increase in Ethereum above the $2,000 level. ETH outperformed Bitcoin and cleared many hurdles near the $2,050 level.

It traded to a new multi-week high at $2,137 before there was a downside correction. The price declined below the $2,080 level. There was a move below the 23.6% Fib retracement level of the upward move from the $1,906 swing low to the $2,137 high.

Ethereum is still trading above $2,020 and the 100-hourly Simple Moving Average. There is also a key declining channel forming with support near $2,000 on the hourly chart of ETH/USD.

מקור: ETHUSD אויף TradingView.com

On the upside, the price is facing resistance near the $2,060 level and the channel region. The next major resistance sits at $2,085, above which the price could accelerate higher. In the stated case, the price could rally toward the $2,120 resistance. The next key resistance is near $2,150, above which the price could aim for a move toward the $2,200 level.

מער לאָססעס אין ETH?

If Ethereum fails to clear the $2,085 resistance, it could continue to move down. Initial support on the downside is near the $2,025 level and the 100-hourly Simple Moving Average. It is close to the 50% Fib retracement level of the upward move from the $1,906 swing low to the $2,137 high.

The next key support is $2,000 and the channel zone. A downside break below the $2,000 support might spark bearish moves. In the stated case, Ether could drop toward the $1,930 support zone in the near term. Any more losses might call for a drop toward the $1,850 level.

טעכניש ינדאַקייטערז

Hourly MACD - די MACD פֿאַר ETH / USD פאַרלירן מאָמענטום אין די בעריש זאָנע.

Hourly RSI - די RSI פֿאַר ETH / USD איז איצט אונטער די 50 מדרגה.

הויפּט שטיצן לעוועל - $ 2,000

הויפּט קעגנשטעל לעוועל - 2,085 $