Ethereum started another increase above the $1,620 resistance against the US Dollar. ETH is rising and might rally if it clears the $1,665 resistance zone.
- Ethereum is slowly moving higher above the $1,600 and $1,620 levels.
- Dabar kaina yra didesnė nei 1,620 USD ir 100 valandų paprastas slenkamasis vidurkis.
- Per valandą vykusiame ETH / USD grafike (duomenų skleidimas per Krakeną) buvo pertrauka virš pagrindinės meškų tendencijos, kurios pasipriešinimas buvo artimas 1,615 USD.
- The pair could rally if there is a clear move above the $1,665 resistance zone.
Ethereum Price Starts Increase
Ethereum price remained well bid above the $1,550 level. ETH formed a base and started a fresh increase above the $1,600 resistance zone. There was a clear move above the $1,620 resistance, similar to Bitcoin.
There was a break above a major bearish trend line with resistance near $1,615 on the hourly chart of ETH/USD. The bulls were able to pump the price above the $1,640 resistance. A high is formed near $1,658 and the price is now consolidating gains.
Eterio kaina dabar viršija 1,620 XNUMX USD 100 valandų paprastas slenkamasis vidurkis. Ji prekiauja beveik 23.6 % Fib atsekimo lygio, kai pakilo nuo 1,557 1,658 USD iki XNUMX XNUMX USD.
šaltinis: ETHUSD „TradingView.com“
An immediate resistance is near the $1,655 level. The next major resistance is near the $1,665 level. An upside break above the $1,665 resistance zone could start a decent increase. In the stated case, the price may perhaps rise towards the $1,720 resistance. Any more gains might send ether towards the $1,800 level.
Dips Limitd in ETH?
If ethereum fails to clear the $1,665 resistance, it could start a downside correction. An initial support on the downside is near the $1,620 level or the broken trend line.
The next major support is near the $1,600 level or the 50% Fib retracement level of the upward move from the $1,557 swing low to $1,658 high. If there is a break below $1,600, the price might drop towards the $1,550 support. Any more losses might call for a retest of the $1,520 zone in the near term.
Techniniai rodikliai
Valandinis MACD - Dabar ETH / USD MACD populiarėja bulvių zonoje.
Valandinis RSI - ETH / USD RSI dabar viršija 50 lygį.
Pagrindinis paramos lygis - 1,620 USD
Pagrindinis pasipriešinimo lygis - 1,665 USD
Source: https://newsbtc.com/analysis/eth/ethereum-price-potential-rally-1800/