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ETH / USD Medium-term trend: bullish
- Resistance levels: $ 240, $ 250, $ 280
- Support levels: $ 140, $ 130, $ 120
Yesterday, the price of Ethereum was in an uptrend. As of December 28, the price of the crypt had been higher than the 12-day EMA and the 26-day EMA, indicating that the price is in the uptrend zone. In my last previous analysis, it was assumed that if the price of the crypt broke the $ 140 level and the price was sustained above it, the crypt would increase.
The price of the crypto is higher than the $ 140 level and the price is expected at the $ 150 level. Meanwhile, the stochastic is above the 60% range, which indicates that Ethereum has a bullish moment and a purchase signal.
Short-term ETH / USD trend: bullish
In the 1 hour chart, the price of the crypt is in an uptrend. On January 1, the ETH price broke the 12-day EMA, the 26-day EMA and the $ 140 level. The price of the crypto is likely to increase, but may be at a level of price of $ 150.
Meanwhile, the MACD line and the signal line are above the zero line indicating a purchase signal. In addition, the Stochastic is 60%, which indicates that Ethereum has a bullish moment and a buy signal.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
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