Ethereum gained pace above the $3,250 zone against the US Dollar. ETH price is correcting gains from $3,400, but dips might be limited in the near term.
- Ethereum started a strong increase above the $3,250 resistance zone.
- די פּרייַז איז טריידינג העכער $ 3,250 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- אויף די שעה טשאַרט פון ETH / USD (דאַטן פיטער דורך Kraken) עס איז אַ הויפּט בוליש גאַנג ליניע פאָרמינג מיט שטיצן לעבן $ 3,300.
- די פּאָר קען פאָרזעצן צו העכערונג אויב עס איז אַ קלאָר ברעכן העכער די $ 3,380 קעגנשטעל זאָנע.
Ethereum Price Gains Momentum
Ethereum started a strong increase above the $3,250 resistance zone. ETH even broke the $3,300 resistance zone and the 100 hourly simple moving average to move further into a positive zone.
The bulls even pumped the price above the $3,350 level. Ether price spiked above the $3,400 level and a new weekly high is formed near $3,412. It is now correcting gains and trading below $3,360. There was a break below the 23.6% Fib retracement level of the recent upward move from the $3,206 swing low to $3,412 high.
Ether price is now trading above $3,250 and the 100 hourly simple moving average. There is also a major bullish trend line forming with support near $3,300 on the hourly chart of ETH/USD. On the upside, an immediate resistance is near the $3,380 level.
מקור: ETHUSD אויף TradingView.com
A clear move above the $3,380 level might start another increase in the near term. The next major resistance is near the $3,420 level, above which ether price could test $3,500. Any more gains could send the price towards the $3,550 level in the near term.
דיפּס לימיטעד אין ETH?
If ethereum fails to start a fresh increase above the $3,380 level, it could start a downside correction. An initial support on the downside is near the $3,320 level. The first key support is now forming near the $3,300 level.
It is near the 50% Fib retracement level of the recent upward move from the $3,206 swing low to $3,412 high. A downside break below the $3,300 level push the price towards the trend line support. Any more losses could lead the price towards $3,200.
טעכניש ינדאַקייטערז
Hourly MACD - די MACD פֿאַר ETH / USD איז סלאָולי לוזינג גאַנג אין די בוליש זאָנע.
Hourly RSI - די RSI פֿאַר ETH / USD איז העכער די 50 מדרגה.
הויפּט שטיצן לעוועל - $ 3,300
הויפּט קעגנשטעל לעוועל - 3,380 $
Source: https://www.newsbtc.com/analysis/eth/ethereum-dips-turn-attractive-3200/