Ethereum broke the $1,850 resistance to continue higher against the US Dollar. ETH price traded to a new all-time high at $1,917 and it remains supported for more upsides.
- Ethereum started a fresh increase above the $1,850 barrier and traded as high as $1,917.
- The price is now trading well above $1,850 e il 100 media mobile oraria semplice.
- There was a break above a major bearish trend line with resistance near $1,800 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could correct lower, but the bulls are likely to remain active near $1,880 e $1,850.
Ethereum Price Breaks Key Hurdle
Ethereum remained stable above $1,800 and it finally managed to gain strength above the $1,820 e $1,840 livelli di resistenza. A support base was formed near $1,800 before there was a fresh increase.
Ma ancora più importante, there was a break above a major bearish trend line with resistance near $1,800 on the hourly chart of ETH/USD. The pair gained pace above the $1,850 resistance and settled nicely above the 100 media mobile oraria semplice.
Ether even cleared the $1,900 livello e scambiato a un nuovo massimo storico a $1,917. The price is currently consolidating gains near the $1,900 livello. An initial support is near the $1,890 livello. È vicino al 23.6% Livello di ritracciamento Fib del recente aumento dal $1,801 oscillare basso a $1,917 alto.
fonte: ETHUSD su TradingView.com
Al rialzo, ether price could clear the $1,917 high and $1,920. A successful break above the recent high is likely to open the doors for a push above the $1,950 livello. The next major resistance for the bulls sits at $2,000.
Fresh Dip in ETH?
If Ethereum fails to extend its rise above the $1,920 livello, there could be a downside correction. Il primo grande supporto è vicino al $1,880 livello. The next key support is near the $1,850 livello. È vicino al 50% Livello di ritracciamento Fib del recente aumento dal $1,801 oscillare basso a $1,917 alto.
The main support is forming near the $1,800 livello e il 100 media mobile oraria semplice. A downside break below the $1,800 support might call for a sharp decline to $1,700.
Hourly MACD – The MACD for ETH/USD is showing positive signs in the bullish zone.
RSI orario – The RSI for ETH/USD is now well above the 50 livello.
Livello di supporto principale - $1,850
Livello di resistenza maggiore - $1,920
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