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

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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.

Giá Ether hiện đang giao dịch trên $ 1,660 và Trung bình chuyển động đơn giản của 100 theo giờ. Nó đang giao dịch gần mức thoái lui Fib 23.6% của bước đi lên từ mức dao động thấp $1,624 lên mức cao $1,698.

nguồn: ETHUSD trên 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.

Mức giảm giá được hỗ trợ trong ETH?

Nếu ethereum không vượt qua được mức kháng cự $1,700, nó có thể bắt đầu một đợt điều chỉnh giảm giá khác. Hỗ trợ ban đầu về nhược điểm là gần mức $1,660.

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.

Các chỉ số kỹ thuật

Hàng giờChỉ số MACD cho ETH / USD hiện đang mất đà trong vùng tăng giá.

RSI hàng giờRSI cho ETH / USD hiện trên mức 50.

Mức hỗ trợ chính - $ 1,650

Mức kháng cự chính - $ 1,700

Nguồn chính thức: NewsBTC