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ETH / USD Medium-term trend: bullish
Resistance levels: $ 240, $ 250, $ 280
Support levels: $ 130, $ 120, $ 110
The price of Ethereum was uptrend last week as the price rose from $ 88.49 to $ 133.29. It was expected that last week the price could meet resistance at a level of $ 120. The resistance level of $ 120 had been broken and the price was above the $ 140 level.
The price of the crypt is in trend over the 12-day EMA and the 26-day EMA. It is likely that the price will rise to the price level of $ 200, but it may be facing a resistance level of $ 180. Meanwhile, the price of the crypt is higher than the 12-day EMA and at the same time. 26-day EMA, which indicates that the price is expected to rise. Furthermore, the MACD line and the signal line are above the zero line indicating a purchase signal.
Short-term ETH / USD trend: bullish
In the 1 hour chart, the price of the cryptic was in an uptrend. Last week, the price of the crypt rose to the maximum level of $ 120 but was rejected. The price has been extended to that level until it has been broken to the top. The price of the crypt has reached a maximum of $ 150.82 but is currently being traced for a possible upturn in the bullish trend.
Meanwhile, the price of the crypt is higher than the EMA, which indicates that the price is likely to increase. Furthermore, the MACD line and the signal line are above the zero line indicating a purchase signal.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
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