Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100.
- Ethereum is showing a few bearish signs after getting rejected from the $1,150 抵抗ゾーン.
- The price is now trading well below $1,100 そしてその 100 1時間ごとの単純移動平均.
- There is a key bearish trend line in place with resistance near $1,070 ETH / USDの時間足チャート (Kraken経由のデータフィード).
- The pair must settle above $1,120 そしてその 100 hourly SMA to start a fresh rally.
Ethereum Price Could Decline Again
昨日, we saw a decent recovery wave in bitcoin, イーサリアム, ripple and other altcoins. ETH価格は $1,080 そして $1,100 抵抗レベル. It even spiked above the $1,120 レベル.
しかしながら, the bears defended a major resistance zone near $1,150 そしてその 100 1時間ごとの単純移動平均. A high was formed near $1,152 before the price started a fresh decline. There was a break below the $1,120 そして $1,100 サポートレベル.
Ether price even declined below the 50% Fib retracement level of the recovery wave from the $910 低く振る $1,152 高い. There is also a key bearish trend line in place with resistance near $1,070 ETH / USDの時間足チャート.
If there is no upside break above the trend line resistance and the 100 1時間ごとの単純移動平均, there is a risk of more losses. An initial support is near the $1,000 level or the 61.8% Fib retracement level of the recovery wave from the $910 低く振る $1,152 高い.
次の主要なサポートは近くにあります $950 レベル, below which ether price might continue to move down towards the $900 そして $880 levels in the near term.
Fresh Increase in ETH?
If ethereum breaks the trend line resistance and $1,100, it could start a decent increase. The main resistance is still near the $1,150 zone and the 100 1時間ごとの単純移動平均.
A close above the $1,150 level and the 100 hourly SMA could change the current bias. The next hurdle for the bulls above the $1,150 zone is near the $1,220 レベル.
毎時MACD – The MACD for ETH/USD is struggling to gain pace in the bullish zone.
毎時RSI – The RSI for ETH/USD is still below the 50 レベル, with a bearish angle.