Ethereum Price Revisits $1,700 And $1,800 Seems Imminent, Here’s Why

Írta: NewsBTC - 1 éve - Olvasási idő: 2 perc

Ethereum Price Revisits $1,700 And $1,800 Seems Imminent, Here’s Why

Ethereum started a fresh increase and retested $1,700 against the US Dollar. ETH is showing positive signs and might rise further towards the $1,800 zone.

Ethereum gained pace and was able to clear the $1,660 resistance zone. The price is now trading above $1,660 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further if there is a clear move above the $1,700 resistance.

Ethereum Price Reverses Losses

Ethereum price remained well bid above the $1,600 support, similar to bitcoin at $22,500. ETH formed a base above the $1,620 level and recently started a steady increase.

There was a clear move above the $1,650 and $1,660 resistance levels. Besides, there was a break above a key bearish trend line with resistance near $1,640 on the hourly chart of ETH/USD. The pair even retested the $1,700 resistance and formed a high at $1,698 before there was a minor decline.

Az éter ára most 1,660 dollár felett kereskedik, és a 100 órás egyszerű mozgóátlag. A kereskedés a 23.6%-os Fib-visszakövetési szint közelében mozog az 1,624 dolláros swing mélypontról 1,698 dolláros csúcsra történő felfelé mozgáshoz.

Forrás: ETHUSD a TradingView.com oldalon

An immediate resistance is near the $1,690 level. The next major resistance is near the $1,700 level. An upside break above the $1,700 resistance zone could spark a fresh increase. In the stated case, the price may perhaps rise towards the $1,750 resistance. Any more gains might send ether price towards the $1,820 resistance zone.

Az ETH-ban támogatott süllyedések?

Ha az ethereum nem tudja megtisztítani az 1,700 dolláros ellenállást, akkor újabb lefelé mutató korrekciót indíthat el. A negatív oldal kezdeti támasza az 1,660 dolláros szint közelében van.

The next major support is near the $1,650 zone or the 61.8% Fib retracement level of the upward move from the $1,624 swing low to $1,698 high. If there is a break below $1,650, the price might accelerate lower towards the $1,620 support. Any more losses might call for a test of the $1,600 support zone.

Műszaki mutatók

Óránkénti MACD - Az ETH / USD MACD-je most veszít lendületéből a bullish zónában.

Óránkénti RSI - Az ETH / USD RSI értéke már meghaladja az 50 szintet.

Fő támogatási szint - 1,650 USD

Nagyobb ellenállási szint - 1,700 USD

Eredeti forrás: NewsBTC