Ethereum is struggling to gain pace above $1,350 against the US Dollar. ETH must clear the $1,380 and $1,400 levels to start a steady increase.
- Ethereum is facing an increase in selling below the $1,400 level.
- Цена се сада тргује испод 1,400 америчких долара и 100 покретних просека по сату.
- There is a new connecting bearish trend line forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could recover further if there is a clear move above the $1,400 resistance zone.
Ethereum Price Recovers Slightly
Ethereum formed a base above the $1,300 level and recently started an корекција наопако. ETH was able to recover above the $1,320 and $1,325 levels.
There was a move above the $1,350 resistance. Ether price climbed above the 38.2% Fib retracement level of the downward move from the $1,475 swing high to $1,282 low. The price even spiked above the $1,375 level, but upsides were limited.
The price failed to gain pace above the 50% Fib retracement level of the downward move from the $1,475 swing high to $1,282 low. It is now trading below $1,400 and the 100 hourly simple moving average.
On the upside, the price is facing resistance near the $1,350 level. There is also a new connecting bearish trend line forming with resistance near $1,350 on the hourly chart of ETH/USD. The next major resistance is near $1,380 and the 100 сатни једноставан клизни просек.
Извор: ЕТХУСД на ТрадингВиев.цом
The main resistance sits near the $1,400 level. A clear break above $1,400 might start a decent increase towards the $1,450 level. Any more gains may perhaps open the doors for a move towards the $1,500 resistance.
Нови пад у ЕТХ?
If ethereum fails to rise above the $1,350 resistance and the 100 hourly simple moving average, it could start a fresh decline. An initial support on the downside is near the $1,300 zone.
The next major support is near $1,280. A downside break below the $1,280 support might increase selling pressure. In the stated case, ether price might drop towards the $1,200 level in the near term.
Технички индикатори
Хоурли МАЦД - МАЦД за ЕТХ / УСД сада узима маха у медвеђој зони.
Почаси РСИ - РСИ за ЕТХ / УСД је сада испод нивоа 50.
Главни ниво подршке - 1,300 УСД
Главни ниво отпора - 1,400 УСД
Source: https://www.newsbtc.com/analysis/eth/ethereum-struggle-below-1-4k/