Ethereum is struggling below the $1,350 zone against the US Dollar. ETH could start a major increase if it clears the $1,350 and $1,400 resistance levels.
- Ethereum is stable above the $1,260 and $1,250 support levels.
- די פּרייַז איז איצט טריידינג אונטער $ 1,350 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
- אויף אַ שעה טשאַרט פון ETH / USD (דאַטן קאָרמען דורך Kraken), עס איז אַ הויפּט בעריש גאַנג שורה פאָרמינג מיט קעגנשטעל לעבן 1,350 $.
- The pair could start a steady increase if it clears the key $1,400 resistance zone.
עטהערעום פּרייס פאַסעס כערדאַלז
Ethereum dropped from the $ 1,350 קעגנשטעל זאָנע. However, ETH remained stable above the $1,250 support zone. The price traded as low as $1,269 and is currently consolidating losses.
Ether is slowly moving higher above the $1,300 level. It is testing the 50% Fib retracement level of the recent decline from the $1,348 swing high to $1,269 low. The price is now trading below $1,350 and the 100 hourly simple moving average.
On the upside, the price is facing resistance near the $1,320 level and the 100 אַורלי פּשוט מאָווינג דורכשניטלעך. עס איז נאָענט צו די 61.8% פיב רעטראַסעמענט מדרגה פון די לעצטע אַראָפּגיין פון די $ 1,348 מאַך הויך צו $ 1,269 נידעריק.
The next major resistance is near $1,350 level. There is also a major bearish trend line forming with resistance near $1,350 on the hourly chart of ETH/USD. A clear break above $1,350 might start a decent increase towards the $1,400 level.
מקור: ETHUSD אויף TradingView.com
The 1.236 Fib extension level of the recent decline from the $1,348 swing high to $1,269 low. Any more gains may perhaps open the doors for a move towards the $1,500 resistance.
פריש אַראָפּגיין אין ETH?
If ethereum fails to recover above the $1,350 resistance, it could start a fresh decline. An initial support on the downside is near the $1,288.
The next major support is near the $1,270 level. A downside break below the $1,270 level might send the price towards the $1,220 support in the near term. Any more losses could increase selling and the price might drop to $1,150.
טעכניש ינדאַקייטערז
Hourly MACD - די MACD פֿאַר ETH / USD איז איצט לוזינג מאָמענטום אין די בוליש זאָנע.
Hourly RSI - די RSI פֿאַר ETH / USD איז איצט פּונקט אונטער די 50 מדרגה.
הויפּט שטיצן לעוועל - $ 1,270
הויפּט קעגנשטעל לעוועל - 1,350 $
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-fresh-rally-hope-1400/