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.

Ethereum मूल्य समर्थित

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 १०० घण्टा सरल चलती औसत. 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.

स्रोत: ETHUSD TradingView.com मा

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 मा अर्को ड्रप?

यदि इथरियमले $1,825 प्रतिरोध खाली गर्न असफल भयो भने, यसले नकारात्मक पक्ष सुधार सुरु गर्न सक्छ। डाउनसाइडमा प्रारम्भिक समर्थन $ 1,785 स्तर र प्रवृत्ति रेखाको नजिक छ।

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.

प्राविधिक सूचक

घण्टामा MACD - ETH / USD का लागि MACD अब तेजी क्षेत्रमा गति लिन गइरहेको छ।

प्रति घण्टा RSI - ETH / USD का लागि RSI अब level० स्तर भन्दा माथि छ।

प्रमुख समर्थन स्तर - $ ,,1,745००

प्रमुख प्रतिरोध स्तर - $ ,,1,825००

मूल स्रोत: समाचार बीटीसी