Ethereum failed to clear the $1,250 resistance against the US Dollar. ETH is moving lower and might decline heavily if it breaks the $1,140 support.
- Ethereum struggled to gain pace for a move above the $1,250 resistance level.
- די פּרייַז איז איצט טריידינג אונטער $ 1,180 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- עס איז געווען אַ ברעכן אונטער אַ שליסל בוליש גאַנג שורה מיט שטיצן לעבן $ 1,210 אויף די אַורלי טשאַרט פון ETH / USD (דאַטן קאָרמען דורך Kraken).
- The pair could gain bearish momentum if there is no clear move above $1,230 and $1,250.
עטהערעום פּרייַז דיפּס ווידער
Ethereum price attempted an upside break above the $1,230 resistance. However, ETH failed to gain pace and stayed below the $1,250 resistance. There was a fresh bearish reaction from the $1,235 high, similar to ביטקאָין.
There was a move below the $1,210 and $1,200 support levels. Besides, there was a break below a key bullish trend line with support near $1,210 on the hourly chart of ETH/USD. The bears pushed the pair towards the 50% Fib retracement level of the upward move from the $1,073 swing low to $1,235 high.
Ether price is now trading below $1,180 and the 100 hourly simple moving average. It seems to be consolidating near the $1,170 level. An immediate resistance on the upside is near the $1,200 level and the 100 hourly simple moving average.
מקור: ETHUSD אויף TradingView.com
The next major resistance is near the $1,230 level. The main hurdle sits near the $1,250 level. To start a decent increase and avoid more losses, the price must settle above $1,250. In the stated case, ether price may perhaps rise towards the $1,320 resistance zone. Any more gains might send the price towards the $1,400 resistance zone.
מער לאָססעס אין ETH?
אויב עטהערעום פיילז צו קריכן העכער די $ 1,200 קעגנשטעל, עס קען פאָרזעצן צו מאַך אַראָפּ. אַן ערשט שטיצן אויף די דאַונסייד איז לעבן די $ 1,155 מדרגה.
The next major support is near the $1,135 level or the 61.8% Fib retracement level of the upward move from the $1,073 swing low to $1,235 high, below which ether price may perhaps gain bearish momentum. In the stated scenario, the price could drop towards the $1,075 support zone.
טעכניש ינדאַקייטערז
Hourly MACD - די MACD פֿאַר ETH / USD איז איצט גיינינג מאָמענטום אין די בעריש זאָנע.
Hourly RSI - די RSI פֿאַר ETH / USD איז איצט אונטער די 40 מדרגה.
הויפּט שטיצן לעוועל - $ 1,135
הויפּט קעגנשטעל לעוועל - 1,200 $
Source: https://newsbtc.com/analysis/eth/ethereum-price-major-drop-1250/