AndTH / USD Medium-term trend: variable
Resistance levels: $ 260, $ 280, $ 300
Support levels: $ 200, $ 180, $ 160
Yesterday, September 26th, the ETHUSD couple was in an uptrend. The price of the digital currency was fluctuating above the $ 200 level. So at a price of $ 211.27, the ETH price made a bullish movement of up to $ 222.39. Currently, the cryptocurrency is in a movement linked to the interval and the price can meet resistance at the price level of $ 220.
However, the MACD line and the signal line are below the zero line indicating a sales signal. In addition, the price of Ethereum is lower than the 12-day EMA and the 26-day EMA which indicates that a downward trend is under way. The index 14 of the Relative Strength is level 44 which indicates that the price is in the lateral trend zone.
Short-term trend ETH / USD: variable
In the 1 hour chart, the price of Ethereum is in a lateral trend. The digital currency is fluctuating between the levels of $ 200 and $ 220. The price is lower than the 12-day EMA and the 26-day EMA which indicates that the price is in a downward trend. 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.