עטהערעום פּרייס ריקאַווערז אָבער בערז זענען נישט פֿון די וואַלד נאָך

Ethereum started a decent recovery wave above $1,150 against the US Dollar. ETH is now approaching a major hurdle near $1,230 and $1,250.

• Ethereum started an upside correction above the $1,120 and $1,150 resistance levels.
• די פּרייַז איז איצט טריידינג העכער $ 1,150 און די 100 אַורלי פּשוט מאָווינג דורכשניטלעך.
• אויף דער שעה טשאַרט פון ETH / USD (דאַטן פיטער דורך Kraken) עס איז אַ שליסל בוליש גאַנג ליניע פאָרמינג מיט שטיצן לעבן 1,190 $.
• The pair could rise further towards $1,230, but the bears might take a strong stand.

Ethereum Price Faces Hurdle

Ethereum price formed a base above the $1,070 level and started a recovery wave, similar to ביטקאָין. ETH slowly moved higher and was able to clear the $1,150 resistance zone.

The bulls pushed the price above the 61.8% Fib retracement level of the downward move from the $1,231 swing high to $1,073 low. Ether price is now trading above $1,150 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,190 on the hourly chart of ETH/USD.

The pair seems to be consolidating above the 76.4% Fib retracement level of the downward move from the $1,231 swing high to $1,073 low. An immediate resistance on the upside is near the $1,220 level.

מקור: ETHUSD אויף TradingView.com

The next major resistance is near the $1,230 level and the $1,250 zone. To start a real recovery wave and gain bullish momentum, the price must settle above $1,250. A clear close above the $1,250 resistance could send the price towards the $1,320 resistance zone. Any more gains might open the doors for a test of the $1,400 resistance zone.

פריש אַראָפּגיין אין ETH?

If ethereum fails to climb above the $1,250 resistance, it could start another decline. An initial support on the downside is near the $1,190 level and the trend line.

The next major support is near the $1,150 level and the 100 אַורלי פּשוט מאָווינג דורכשניטלעך, below which ether price may perhaps decline further. In the stated scenario, the price could decline towards the $1,100 support zone in the near term. Any more losses might call for a move towards the main $1,070 support.

טעכניש ינדאַקייטערז

Hourly MACD - די MACD פֿאַר ETH / USD איז איצט גיינינג מאָמענטום אין די בוליש זאָנע.

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

הויפּט שטיצן לעוועל - $ 1,150

הויפּט קעגנשטעל לעוועל - 1,250 $