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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.O le tau o le Ethereum e maua ai le malosi
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.
O le tau o le Eter o loʻo fefaʻatauaʻi nei i luga ole $1,780 ma le 100 itula le faʻagasologa faigofie feololo. O lo'o iai fo'i se laina fa'aola fa'atupuina fa'atasi ma le lagolago e latalata ile $1,780 ile siata itula ole 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.
puna: ETHUSD luga o 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.
Fautua Lagolagoina ile ETH?
Afai e le mafai e le ethereum ona faʻamama le $ 1,840 tetee, e mafai ona amata se faʻasaʻoga i lalo. O se lagolago muamua ile pito i lalo e latalata ile $1,780 tulaga ma le laina masani.
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.
Faailoilo Technical
Faʻaleleia le MACD - Ole MACD mo ETH / USD ua amata nei ona alualu i luma ile vaega maualuga.
RSI vave - O le RSI mo ETH / USD ua i luga atu nei o le 50 tulaga.
Polokalame Fesoasoani Lautele - $ 1,745
Laʻasaga Fou Faʻatino - $ 1,840
Punavai autu: NewsBTC