Predictions of the daily price of Ethereum (ETH) – 15 January

ETH / USD Medium-term trend: bullish

• Resistance levels: $ 240, $ 250, $ 260
• Support levels: $ 120, $ 110, $ 100

Yesterday, January 14, the price of Ethereum was in an uptrend zone. The price of the crypto fell to a low of $ 116.79 and began a bullish movement for the 12-day EMA and the 26-day EMA. Today the price of the crypt is higher than the EMA and exceeds the level of $ 131.85. The price of the crypt should increase because the price is in the uptrend zone.

Meanwhile, the Stochastic is in the overbought region below the 80% range, indicating that Ethereum has a bullish moment and a buy signal. The MACD line and the signal line is above the zero line indicating a purchase signal.

Short-term ETH / USD trend: bullish

In the 1 hour chart, the price of encryption is in the uptrend zone. Yesterday, the price of the crypto dropped to $ 118.19 and began a bullish movement for the 12-day EMA and the 26-day EMA. The price of the crypt is now above the EMA, which exceeds the $ 131.85 level.

The price of Ethereum should increase because it is in the uptrend zone. The Stochastic is out of the overbought region but above the 20% range indicates that Ethereum is in a bullish momentum and a buy signal.

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