- ETH price extended its gains and was able to move above $1400 tegen de Amerikaanse Dollar.
- There was a break above a major descending channel with resistance at $1230 op de 4-uren grafiek van ETH / USD (gegevensfeed via SimpleFX).
- The pair might continue to extend its gains above the $1400 niveau op korte termijn.
Ethereum prijs is in een belangrijke uptrend tegen de Amerikaanse Dollar en Bitcoin. ETH/USD broke the $1400 level and it is likely to extend gains going forward.
Ethereum Price Rise
This past was overall positive for ETH price as it remained supported above $1200 for more gains against the US Dollar. There was a dip towards the $1079 level where buyers appeared and protected losses. Later, a new upside wave was initiated and the price was able to move back above the $1200 en $1250 levels. The rise in ETH was excellent as it managed to move above the $1400 level and traded to a new all-time high at $1412.82.
Tijdens de opwaartse beweging, there was a break above a major descending channel with resistance at $1230 op de 4-uren grafiek van ETH / USD. Momenteel, the price is correcting lower and is trading below the $1400 niveau. Een eerste ondersteuning op de nadeel is rond de 23.65% Fib retracementlevel van de laatste golf van de $1079 van laag naar $1412 hoog. It seems like the price is placed nicely in the bullish zone above $1300 and it is very likely to move back above $1400 voor meer winst.
Aan de andere kant, the most important support is around the 50% Fib retracementlevel van de laatste golf van de $1079 van laag naar $1412 hoog $1245. The same $1245 level acted as a resistance level and it may act as a buy zone in the near term.
4-uur MACD - The MACD is nicely moving in the bullish zone.
4-uur RSI - The RSI is currently near the 65 level with bullish signs.
Belangrijke Steun Level - $1245
Major Resistance Level - $1400
Charts courtesy - SimpleFX
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