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TA: Ethereum Turns Red, Why ETH Must Hold This Key Support
Ethereum yakaramba pasi peiyo $1,200 zone inopesana neUS Dollar. ETH ikozvino iri panjodzi yekurasikirwa kwakawanda kana ikatadza kugara pamusoro peiyo $1,150 yekutsigira nzvimbo.
Ethereum started a fresh decline from the $1,250 and $1,280 levels. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if there is a clear move below the $1,150 support zone. Ethereum Price StrugglesEthereum failed to continue higher above the $1,250 and $1,280 resistance levels. ETH formed a high near $1,281 and started a fresh decline.
There was a clear move below the $1,220 and $1,200 support levels. Ether price declined below the 23.6% Fib retracement level of the upward move from the $1,043 swing low to $1,280 high. It is now trading below $1,200 and the 100 hourly simple moving average.
Ether iri kubatanidzawo pedyo ne50% Fib retracement level yekukwira kumusoro kubva ku $ 1,043 swing yakaderera kusvika ku $ 1,280 yakakwirira. Kupokana kwekupokana kuri kumusoro kuri pedyo neiyo $1,200 level.
Kunze kwezvo, kune hombe bearish trend line inogadzira nekupokana pedyo nemadhora zana nemakumi maviri paawa yechati yeETH/USD. Kuramba kukuru kunotevera kuri pedyo nenzvimbo yemadhora zana nemakumi maviri nemakumi mashanu. Kuvhara pamusoro peiyo $1,200 yekupokana nzvimbo inogona kutanga kuwedzera kwakadzikama. Muchiitiko chakataurwa, mutengo unogona kubvisa $ 1,250 kuramba.
Kwayaka: ETHUSD pa TradingView.comKupikisa kukuru kunotevera kuri padyo nechiyero chemadhora zana nemakumi matatu nemakumi mashanu, pamusoro peiyo mutengo unogona kutokwira wakananga kuUS $ 1,350 nhanho yekupokana munguva pfupi.
Yakanyanya Kurasikirwa muETH?Kana ethereum ikatadza kukwira pamusoro peiyo $1,200 kuramba, inogona kuramba ichidzika pasi. Rutsigiro rwekutanga pazasi rwuri pedyo neiyo $1,150 zone.
Rutsigiro rukuru runotevera rwuri pedyo nenzvimbo ye $1,120. Kuvhara pazasi peyero yemadhora 1,120 kunogona kuisa dzvinyiriro yakawanda pamabhuru. Muchiitiko chakataurwa, mutengo weether ungangodzikira kusvika padanho re$1,050 kana kunyange $1,000 muzvikamu zviri kuuya.
Technical zviratidzi
Hourly MACD - Iyo MACD yeETH/USD yave kuwedzera simba munzvimbo yebearish.
Hourly RSI - Iyo RSI yeETH/USD yave pazasi peiyo 50 level.
Chikuru Danho Rekutsigira - $ 1,150
Chikuru Resistance Level - madhora zana nemakumi mashanu
Original source: NhauBTC