Ethereum price started a recovery wave above the $1,780 level against the US Dollar. ETH must clear $1,820 to start a decent increase in the near term.
- Ethereum is currently consolidating below the $1,820 resistance zone.
- Çmimi tregtohet nën 1,820 dollarë dhe mesatarja e thjeshtë lëvizëse 100-orëshe.
- Ekziston një linjë e prirjes kryesore për formimin e rezistencës afër 1,818 $ në tabelën orë të ETH / USD (furnizimi i të dhënave përmes Kraken).
- The pair could start a decent increase if it settles above the $1,820 resistance.
Ethereum Price Recovery Faces Hurdle
Ethereum’s price extended its decline below the $1,800 zone. ETH even declined below the $1,780 level before the bulls appeared near $1,760, similar to Bitcoin.
A low was formed near $1,761 and the price is currently attempting a recovery wave. It is trading above the 23.6% Fib retracement level of the key decline from the $1,872 swing high to the $1,761 low. Ether is now trading below $1,820 and the 100-hourly Simple Moving Average.
There is also a major bearish trend line forming with resistance near $1,818 on the hourly chart of ETH/USD. The trend line is close to the 50% Fib retracement level of the key decline from the $1,872 swing high to the $1,761 low.
Immediate resistance is near the $1,818 zone and the trend line. The first major resistance is near the $1,820 level. A close above the $1,820 resistance could send Ether toward $1,845.
Burimi: ETHUSD në TradingView.com
The next resistance sits near $1,875, above which Ethereum could rise toward $1,920. Any more gains above the $1,920 resistance zone could push the price toward the $2,000 resistance.
Rënia e freskët në ETH?
Nëse Ethereum nuk arrin të pastrojë rezistencën prej 1,820 dollarësh, mund të fillojë një valë tjetër ulëse. Mbështetja fillestare në rënie është afër nivelit të 1,785 dollarëve.
The next major support is near the $1,760 zone or the recent swing low. If there is a close below the $1,760 support, the price could start another major decline. In the stated case, the price might drop toward the $1,700 support zone. Any more losses may perhaps send the price toward the $1,660 level in the coming days.
Treguesit teknike
MACD orë - MACD për ETH / USD po humbet vrullin në zonën bullish.
RSI orë - RSI për ETH/USD është mbi nivelin 50.
Niveli i madh i mbështetjes - 1,785 dollarë
Niveli i madh i rezistencës - 1,820 dollarë
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-liftoff-1820/
