Ethereum bulls defended the $1,220 support zone against the US Dollar. ETH is rising and might aim a strong bullish wave above the $1,300 resistance zone.
- Ethereum remained well bid and strong above the $1,220 zone.
- De Präis handelt elo iwwer $ 1,250 an dem 100 all Stonn einfache bewegt Duerchschnëtt.
- Et war eng Paus iwwer eng gréisser bearish Trendlinn mat Resistenz bei $ 1,245 op der Stonneplang vun ETH / USD (Datafeed iwwer Kraken).
- The pair is showing positive signs and might eye an upside break above the $1,300 resistance.
Ethereum Präis bleift stabil
Ethereum price extended its decline below the $1,250 level. ETH even moved below the $1,240 support level and the 100 hourly simple moving average, similar to bitcoin.
However, the bulls were active near the $1,220 support zone. They defended more losses and slowly ether price moved higher. There was a move above the $1,240 and $1,250 levels. There was a break above the 50% Fib retracement level of the key decline from the $1,304 swing high to $1,220 low.
Donieft gouf et eng Paus iwwer eng grouss bearish Trendlinn mat Resistenz bei $1,245 op der Stonneplang vun ETH/USD. De Pair handelt elo iwwer $ 1,250 an den 100 Stonn einfach bewegt Duerchschnëtt.
It is consolidating near the 76.4% Fib retracement level of the key decline from the $1,304 swing high to $1,220 low. An immediate resistance on the upside is near the $1,290 level. The first major resistance is near the $1,300 zone.
Source: ETHUSD op TradingView.com
Eng Zoumaache iwwer den $ 1,300 Resistenz kéint eng nei Erhéijung starten. Déi nächst grouss Resistenz ass no bei $ 1,320 Niveau, iwwer deem Ether Präis kéint bullish Dynamik gewannen fir eng Beweegung op $ 1,400. All méi Gewënn kéint de Präis Richtung $ 1,450 Resistenz Zone schécken.
Frësch Réckgang an der ETH?
Wann d'Ethereum net iwwer d'$1,300 Resistenz klëmmt, kann et en anere Réckgang starten. Eng initial Ënnerstëtzung um Nodeel ass no bei der $1,260 Niveau an der 100 Stonn einfach Plënneren Moyenne.
The next major support is near the $1,220 level. If there is a break and close below $1,220, the price could drop towards the $1,200 support. Any more losses could lead the price towards the $1,165 support.
technesch Indicateuren
Ofleen MACD - De MACD fir ETH / USD gewënnt elo Dynamik an der bullish Zone.
Stonn RSI - The RSI for ETH/USD is now correcting from the overbought zone.
Major Support Level - $ 1,220
Major Resistenzniveau - $ 1,300
Source: https://newsbtc.com/analysis/eth/ethereum-price-strong-1400/