Av NewsBTC - 1 år sedan - Lästid: 2 minuter
Ethereum-prisåterbesök $1,700 1,800 och $XNUMX XNUMX verkar vara nära förestående, här är varför
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.
Eterpriset handlas nu över $ 1,660 och 100 timmars enkelt rörligt medelvärde. Det handlas nära 23.6% Fib retracement-nivån för den uppåtgående rörelsen från $1,624 1,698 swing låg till $XNUMX XNUMX hög.
Källa: ETHUSD på 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 stöds i ETH?
Om ethereum misslyckas med att rensa motståndet på $1,700 1,660, kan det starta ytterligare en nedåtriktad korrigering. Ett initialt stöd på nedsidan är nära $XNUMX XNUMX-nivån.
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.
Tekniska indikatorer
Timmar MACD - MACD för ETH / USD förlorar nu fart i den hausse zonen.
RSI per timme - RSI för ETH / USD ligger nu över 50-nivån.
Större supportnivå - 1,650 $
Större motståndsnivå - 1,700 dollar
Ursprunglig källa: NewsBTC