Ethereum failed to recover above the $3,120 对美元的枢轴区. ETH price is declining and it could extend its losses below $2,950.
- Ethereum struggled to recover above the $3,120 和 $3,125 抵抗水平.
- The price is now trading below $3,080 和 100 每小时简单移动平均线.
- There is a major bearish trend line forming with resistance near $3,150 在ETH / USD的小时图上 (通过Kraken提供数据).
- The pair could accelerate lower if there is a close below the $2,950 低.
Ethereum Price Remains At Risk
Ethereum started an upside correction from the $2,950 低, 类似于比特币. ETH price surpassed the $3,000 和 $3,050 抵抗水平.
突破了 23.6% Fib retracement level of the key drop from the $3,280 向高处摆动 $2,950 低. Ether even spiked above the $3,100 水平, but there was no upside continuation above the $3,120 抵抗水平 (the last key breakdown zone).
The price also remained well below $3,150 和 100 每小时简单移动平均线. It seems like ether was rejected near the 50% Fib retracement level of the key drop from the $3,280 向高处摆动 $2,950 低.
There is also a major bearish trend line forming with resistance near $3,150 在ETH / USD的小时图上. It is now moving lower and trading below the $3,000 支持. 好的方面, an initial resistance is near the $3,025 水平.
The first key resistance is now forming near the $3,080 水平. The main resistance is still near the $3,120 水平. 明显突破并收于上方 $3,120 zone might start a fresh increase. In the stated scenario, the price might recover towards the $3,200 抵抗性.
More Losses in ETH?
如果以太坊未能继续高于 $3,080 和 $3,120 抵抗水平, it could extend its decline. 下行的直接支撑接近 $2,950 水平.
A downside break below the $2,950 support zone could spark a sharp decline in the near term. The next major support could be $2,880, below which the bears might aim a test of the $2,600 支撑区.
每小时MACD – The MACD for ETH/USD is now gaining pace in the bearish zone.
每小时RSI – The RSI for ETH/USD is now below the 40 水平.