AndTH / USD Medium-term trend: variable
- Resistance levels: $ 240, $ 250, $ 280
- Support levels: $ 130, $ 120, $ 110
Yesterday, December 26, the price of Ethereum was in a lateral trend. The price of the crypt is neither lower nor higher than the 12-day EMA and the 26-day EMA indicates that the price is in a lateral trend. The price of Ethereum is still fluctuating above the $ 130 level.
If the price remains above the price level of $ 130, the crypt risks revisiting the previous maximum of $ 160. On the negative side, if the price falls below the level of $ 130, the crypt will find support at the level of $ 110.
Short-term trend ETH / USD: variable
On the 1 hour chart, the price of the crypt was in a lateral trend. The price of the crypt is fluctuating below and above the 12-day EMA and 26-day EMA, which indicates that the price is in a sideways trend. The price of the crypt varies between the levels of $ 127 and $ 140.
If the price breaks below the price level of $ 127, the price of the crypto will fall to the minimum of $ 110. On the other hand, if the price breaks above the $ 140 level, the crypt will reach the previous maximum $ 150. Meanwhile, the stochastic is above the 20% range indicating a bullish momentum and a buy signal.
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