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

От NewsBTC - 1 год назад - Время чтения: 2 минуты

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.

Цена эфира сейчас торгуется выше 1,660 долларов, а 100 почасовая простая скользящая средняя. Он торгуется вблизи уровня коррекции Фибоначчи 23.6% от восходящего движения от минимума колебания в 1,624 долларов до максимума в 1,698 долларов.

Источник: ETHUSD на TradingView.com

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.

Dips Поддерживается в ETH?

Если эфириум не сможет преодолеть сопротивление в 1,700 долларов, он может начать новую нисходящую коррекцию. Начальная поддержка на нижней стороне находится около уровня 1,660 долларов.

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.

Технические индикаторы

Ежечасный MACDMACD для ETH / USD сейчас теряет импульс в бычьей зоне.

Почасовой RSIRSI для ETH / USD сейчас выше 50 уровня.

Основной уровень поддержки - $ 1,650

Основной уровень сопротивления - $ 1,700

Исходный источник: NewsBTC