Ethereum (ETH) is trading marginally, heading for a high of $1,888. Buyers have pushed Ether above resistance at $1,700 and $1,785.
The largest cryptocurrency should rally to the high of $2,053 if the bulls break the resistance levels. The price movement was insignificant because there were indecisive candles with small bodies called doji and spinning tops. Moreover, Ether is trading in the overbought region of the market. There is a risk that Ether will decline if sellers appear in the overbought region. If Ether fails to recover to the high of $2,053, it will fall and continue the range bound movement.
Analiza indicatorului Ethereum
Ether is at level 67 of the Relative Strength Index for the period 14. The cryptocurrency is in an uptrend and approaching the overbought zone. The price bars of Ether are above the moving average lines as the altcoin is trading marginally in the uptrend zone. ETH is above the 80% area of the daily stochastic. It is still trading in the overbought zone. The 21-day line SMA and the 50-day line SMA are sloping upwards, indicating an uptrend.
Indicatori tehnici:
Zonele cheie de rezistență: 2,500 $, 3,300 $, 4,000 $
Zonele cheie de asistență: 2,000 USD, 1,500 USD, 1,000 USD
Care este următoarea direcție pentru Ethereum?
Ether price is in an uptrend as bulls break through resistance at $1,700 and $1,785. The Fibonacci tool has indicated further upward movement in the cryptocurrency. Meanwhile, the uptrend from July 19 has shown a candlestick testing the 61.8% Fibonacci retracement level. The retracement suggests that ETH will rise to the level of the 1.618 Fibonacci extension or $2.004.
Declinare de responsabilitate. Această analiză și prognoză sunt opiniile personale ale autorului și nu reprezintă o recomandare pentru cumpărarea sau vânzarea de criptomonede și nu ar trebui privite ca o aprobare de către CoinIdol. Cititorii ar trebui să facă cercetările înainte de a investi fonduri.
Sursa: https://coinidol.com/ethereum-2200-high/