Prediction of daily prices of Ethereum (ETH) – 9 January

AndTH / USD Medium-term trend: variable

• Resistance levels: $ 240, $ 250, $ 280
• Support levels: $ 150, $ 130, $ 110

Yesterday, January 8, the price of Ethereum was in a bearish trend zone. The price of the crypt goes beyond the level of $ 150, after the resistance to the level of $ 165. The price of the crypt is higher than the 12 days EMA and the 26 days EMA which indicates that the price is destined to rise. If the price of the $ 150 is broken by the bears, the price of the crypt may fall to a minimum of $ 135 and $ 140 price levels.

On the upside, the ETH price could exceed the EMA and revisit the price level of $ 165. Meanwhile, the stochastic indicator is above the 40% range, which indicates that Ethereum has a moment bullish and a buy signal. Meanwhile, the MACD line and the signal line are below the zero line indicating a sales signal.

Short-term trend ETH / USD: variable

In the 1 hour chart, the price of encryption is in the uptrend zone. The price of the crypt is higher than 12 days for EMA and 26 days for EMA indicating the probability that the price will fall.

The Stochastic is outside the oversold region but below the 40% range indicates that Ethereum is in a bearish momentum and a sell signal. The MACD line and the signal line are above the zero line indicating a purchase signal.

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