Home / Ethereum / ETH / USD despite the Friday trades, bull rallies are subject to being sold

ETH / USD despite the Friday trades, bull rallies are subject to being sold



  • The price of Ethereum is exchanged with minor gains last Friday of 0.7%, being maintained for now supported by short-term upward trend lines.
  • The ETH / USD remains vulnerable to returning the upside gains seen between December 16 and December 24.

ETH / USD 15-minute chart

  • The ETH / USD is now saved by a short-term demand area, $ 115-116.

Spot rate: 117.05

Relative change: + 0.45%

High: 120.74

Low: 115.99

Trend: neutral

Support 1: 116-115.00, short-term demand area (15 minutes).

Support 2: 109.58, daily support of the articulation point.

Support 3: 102.42, daily support of the articulation point.

Resistance 1: 128.97, resistance of the daily articulation point.

Resistance 2: 141.20, resistance to the daily rotation point.

Resistance 3: 148.35, resistance at the daily articulation point.

ETH / USD 60-minute chart

  • Price action cooled south to a rising trend line, which was formed at the beginning of the rise on December 16th.

Daily ETH / USD chart

A short-term key upward trend line is preventing a total inversion of the bull run from December 15-24, for now.


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