Ethereum traded to a new all-time high at $2,646 before correcting lower against the US Dollar. ETH price is now trading below $2,300, but it is likely to remain well bid above $2,000.
- Ethereum rallied to a new all-time high near $2,646 before correcting lower.
- Il prezzo è ora scambiato ben al di sotto $2,300 e il 100 media mobile oraria semplice.
- There was a break below a major bullish trend line with support near $2,400 sul grafico orario di ETH / USD (feed di dati tramite Kraken).
- The pair is showing bearish signs and it could even retest $2,050 o $2,000.
Ethereum Price Corrects Lower
Ethereum remained in a strong uptrend above the $2,400 e $2,500 livelli. ETH even broke the $2,600 level and traded to a new all-time high near $2,646.
Recentemente, there was a sharp decline in bitcoin, resulting in a bearish reaction in ether below $2,500. The price broke many supports near $2,450 e $2,400. There was also a break below a major bullish trend line with support near $2,400 sul grafico orario di ETH / USD.
The pair broke the 61.8% Fib retracement level of the key upward move from the $2,051 oscillare basso a $2,646 alto. Ora viene scambiato ben al di sotto $2,300 e il 100 media mobile oraria semplice.
fonte: ETHUSD su TradingView.com
Ether tested the 76.4% Fib retracement level of the key upward move from the $2,051 oscillare basso a $2,646 alto. It is now recovering higher, but there are chances of more losses below $2,200. If the bears remain in action, the price could test the main uptrend support a $2,000, where the bulls are likely to appear.
Fresh Increase in ETH?
If Ethereum remains stable above $2,050 e $2,000, it is likely to start a fresh increase. Una resistenza iniziale al rialzo è vicino a $2,280 e $2,300 livelli.
The main resistance is near the $2,350 livello e il 100 media mobile oraria semplice. A successful close above the $2,350 livello e il 100 hourly simple moving average could start a fresh increase. Nel caso dichiarato, ether price is likely to climb above the $2,400 e $2,450 livelli.
MACD orario - The MACD for ETH/USD is now gaining momentum in the bearish zone.
RSI orario - L'RSI per ETH / USD è ora ben al di sotto del 30 livello.
Livello di supporto principale - $2,050
Livello di resistenza maggiore - $2,350
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