Ethereum failed to recover above the $2,300 resistance zone against the US Dollar. ETH price is moving lower and it is likely to accelerate lower below the $2,000 支持.
- Ethereum failed to move above the $2,300 zone and started a fresh decline.
- The price is now trading well below $2,200 和 100 每小时简单移动平均线.
- There is a major bearish trend line forming with resistance near $2,180 在ETH / USD的小时图上 (通过Kraken提供数据).
- The pair is likely to break the $2,000 support and continue lower in the near term.
Ethereum Price Is Declining
Ethereum started a short-term recovery wave above the $2,100 水平. ETH broke the $2,200 抵抗水平, but the bulls struggled to gain strength, 类似于比特币.
It faced a strong selling interest near the $2,280 和 $2,300 等级. 在附近形成高点 $2,281 before the price started a fresh decline. 它打破了 50% 斐波拉契回撤位从 $1,953 摆动低到 $2,281 高.
It is now trading well below $2,200 和 100 每小时简单移动平均线. There is also a major bearish trend line forming with resistance near $2,180 在ETH / USD的小时图上.
An immediate support is near the $2,040 水平. 它靠近 76.4% 斐波拉契回撤位从 $1,953 摆动低到 $2,281 高. A downside break below the $2,040 level may possibly open the doors for more losses. 下一个主要支撑位在 $2,000 水平, below which the price could dive towards the $1,920 和 $1,900 等级.
Upsides Limited in ETH?
If Ethereum stays above the $2,040 和 $2,000 支持水平, it could start a fresh increase. An initial resistance on the upside is near the $2,150 水平.
The first major resistance is now forming near the trend line and $2,160. A clear break above the trend line resistance could lead the price towards the main $2,280 resistance and the 100 每小时简单移动平均线. Ether must settle above $2,280 和 $2,300 to move back into a positive zone in the coming days.
每小时MACD – The MACD for ETH/USD is slowly gaining momentum in the bearish zone.
每小时RSI – The RSI for ETH/USD is now well below the 50 水平.