The Ethereum price (ETH) has climbed above the $1,700 support level after a price decline on May 11.
Ilgalaikė Ethereum kainos analizė: meškų
Since the price decline on May 11, the largest altcoin has fluctuated between $1,700 and $1,880. At the time of writing, the Ether price is hovering around $1,807. The upside momentum will encounter resistance near the $1,880 high or the moving average lines. Ether price will resume its uptrend if it rises above the moving average lines. Buyers have maintained the current downside support. The extended end of the May 12 candle indicates active buying at reduced prices. The trend within the trading range will continue until Ether experiences a price recovery or breakout in the meantime.
Ethereum rodiklių analizė
On the Relative Strength Index for period 14, the largest altcoin is at level 43. The RSI has not moved due to the consolidation above the support at $1,700. The price bars are currently below the moving average lines as Ether fluctuates in a range. Ether is moving up above the daily stochastic level of 80. The altcoin has moved into the overbought zone of the market and could fall.
Techniniai rodikliai:
Pagrindiniai atsparumo lygiai - 2,000 USD ir 2,500 USD
Pagrindiniai palaikymo lygiai - 1,800 USD ir 1,300 USD
Kokia yra kita „Ethereum“ kryptis?
Ether has resumed its rise above the current support after its recovery above the $1,700 level. The cryptocurrency is trapped between the moving average lines on the 4-hour chart. This suggests that the market will be forced to move in a range between the moving average lines for a few days.
Atsisakymas. Ši analizė ir prognozė yra asmeninė autoriaus nuomonė ir nėra rekomendacija pirkti ar parduoti kriptovaliutą ir neturėtų būti vertinama kaip CoinIdol patvirtinimas. Prieš investuodami į fondus skaitytojai turėtų atlikti savo tyrimus.
Source: https://coinidol.com/ethereum-rises-1700/