AndTH / USD Medium-term trend: variable
Resistance levels: $ 260, $ 280, $ 300
Support levels: $ 200, $ 180, $ 160
Yesterday, October 4, the price of Ethereum was in an uptrend. The digital currency peaked at $ 225.60 and was opposed. The ETH price failed to reach the maximum of $ 240, but is now limited above the price level of $ 220. Today, digital currency is likely to continue its fluctuations beyond the $ 200 level pending. a price break.
There will be no need for commercial recommendations as the cryptocurrency has a flow limit. Meanwhile, 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 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 MACD line and the signal line are above the zero line indicating a purchase signal.
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