Ethereum Price Holds Strong As Indicators Suggest High Chances of Fresh Rally

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Ethereum Price Holds Strong As Indicators Suggest High Chances of Fresh Rally

Ethereum price is showing positive signs above the $1,780 resistance against the US Dollar. ETH might soon rally if it clears the $1,850 resistance zone.

Ethereum is showing positive signs above the $1,760 and $1,780 levels. The price is trading above $1,785 and the 100 hourly simple moving average. There is a connecting 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 $1,825 resistance zone.

इथरियम किंमत समर्थित राहते

Ethereum price remained strong above the $1,750 support zone. ETH climbed higher and attempted an upside break above the $1,840 resistance zone. However, there was no clear move above $1,840, unlike bitcoin.

The price traded as high as $1,828 before there was a downside correction. There was a move below the $1,800 level, but the price stayed above the $1,750 support zone. A low is formed near $1,762 and the price is now rising.

Ether price is trading above $1,785 and the 100 तासाची साधी चालणारी सरासरी. It is also trading above the 61.8% Fib retracement level of the recent decline from the $1,828 swing high to $1,762 low. Besides, there is a connecting 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 $1,815 level. It is near the 76.4% Fib retracement level of the recent decline from the $1,828 swing high to $1,762 low.

स्त्रोत: ट्रेडिंगव्यू.कॉम.कॉम वरील ETHUSD

The next major resistance is near the $1,825 zone. A clear move above the $1,825 resistance zone might start a strong increase. The next major resistance might be $1,880. Any more gains could set the pace for a test of the $1,920 resistance, above which the price could rise towards the $2,000 resistance zone.

ETH मध्ये आणखी एक ड्रॉप?

जर इथरियम $1,825 रेझिस्टन्स साफ करण्यात अयशस्वी झाले, तर ते डाउनसाइड सुधारणा सुरू करू शकते. डाउनसाइड वर प्रारंभिक समर्थन $1,785 पातळी आणि ट्रेंड लाइन जवळ आहे.

The next major support is near the $1,745 zone, below which ether price might decline towards the $1,720 level. The main support is now near the $1,695 zone. If there is a break below $1,695, the price might resume its decline towards $1,620.

तांत्रिक निर्देशक

तास एमएसीडी - ईटीएच / यूएसडीसाठी एमएसीडी आता बुलिश झोनमध्ये जोर पकडत आहे.

दर तासाला आर.एस.आय. - ईटीएच / यूएसडीसाठी आरएसआय आता 50 पातळीच्या वर आहे.

प्रमुख समर्थन स्तर - $ 1,745

प्रमुख प्रतिकार पातळी - $ 1,825

मूळ स्त्रोत: न्यूजबीटीसी