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Ethereum Price Indicators Suggest Strengthening Case For Rally Above $1,850
Ethereum price is gaining pace above the $1,780 resistance against the US Dollar. ETH could rally if it clears the $1,850 resistance zone.
Ethereum is gaining pace above the $1,760 and $1,780 levels. The price is trading above $1,780 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further if it clears the $1,840 resistance zone.Ọnụ ego Ethereum
Ethereum price started a fresh increase from the $1,700 support zone. ETH gained pace for a move above the $1,720 and $1,750 resistance levels, similar to bitcoin.
The price even cleared the $1,800 resistance zone and the 100 hourly simple moving average. The price traded as high as $1,828 and the price is now consolidating gains. There was a minor move below the 23.6% Fib retracement level of the upward move from the $1,686 swing low to $1,828 high.
Ọnụ ahịa Ether na-ere ahịa ugbu a karịa $1,780 na nke 100 awa dị mfe na-akpụ akpụ nkezi. There is also a key bullish trend line forming with support near $1,780 on the hourly chart of ETH/USD.
On the upside, the price is facing resistance near the $1,825 zone. The next major resistance is near the $1,840 zone. A clear move above the $1,840 resistance zone might start a strong increase. The next major resistance might be $1,880.
Isi Iyi: ETHUSD na TradingView.com
Any more gains could set the pace for a test of the $1,950 resistance zone in the near term, above which the bulls could aim a move towards the $2,000 resistance zone.
A na-akwado nkwado na ETH?
Ọ bụrụ na ethereum adịghị ekpochapụ ihe mgbochi $ 1,840, ọ nwere ike ịmalite mgbazi n'akụkụ. Nkwado mbụ n'akụkụ ala dị nso na ọkwa $ 1,780 na ahịrị na-emekarị.
The next major support is near the $1,745 zone or the 61.8% Fib retracement level of the upward move from the $1,686 swing low to $1,828 high. The main support is now near the $1,700 zone. If there is a break below $1,700, the price might resume its decline towards $1,665. Any more losses might call for a test of the $1,620 level.
Nka na ụzụ Indicators
HourCD MACD - MACD maka ETH / USD na - enweta ike ugbu a na mpaghara bullish.
RSI kwa oge - RSI maka ETH / USD dị ugbu a karịa ọkwa 50.
Nnukwu Nkwado - $ 1,745
Nnukwu nguzogide - $ 1,840
Isi mmalite: Akwụkwọ akụkọ