Ethereum is still consolidating below the $1,230 resistance against the US Dollar. ETH could react to the downside if it stays below $1,230 for a long time.
- Ethereum is attempting an upside break above the $1,230 resistance zone.
- De Präis handelt elo iwwer $ 1,200 an dem 100 all Stonn einfache bewegt Duerchschnëtt.
- Et war eng Paus iwwer eng verbundend bearish Trendlinn mat Resistenz bei $ 1,218 op der Stonneplang vun ETH / USD (Datafeed iwwer Kraken).
- D'Koppel kéint en Hausse Dynamik kréien wann et en Ofschloss iwwer $ 1,230 an $ 1,250 ass.
Ethereum Präis Gesiichter Schlëssel Barrière
Ethereum price started a recovery wave above the $1,180 and $1,190 levels. ETH even managed to climb above the $1,200 resistance zone and the 100 hourly simple moving average, similar to bitcoin.
There was a break above a connecting bearish trend line with resistance near $1,218 on the hourly chart of ETH/USD. The bulls even attempted to clear the key $1,230 resistance zone, but they struggled. It seems like there are already many attempts to clear the $1,230 and $1,250 resistance levels.
Ether Präis handelt elo iwwer $ 1,200 an den 100 Stonn einfach bewegt Duerchschnëtt. It is trading near the 23.6% Fib retracement level of the recent increase from the $1,193 swing low to $1,230 high.
An immediate key barrier is near the $1,230 level. The next major resistance is near the $1,250 level. A close above the $1,250 resistance could start a steady increase. In the stated case, the price may perhaps rise towards the $1,300 resistance.
Source: ETHUSD op TradingView.com
Déi nächst grouss Resistenz kéint $ 1,350 sinn, iwwer deem de Präis méi héich a Richtung $ 1,400 beschleunegt kéint. All méi Gewënn kéint de Präis an d'$1,500 Resistenzzone schécken.
ETH Could Trim Gains
Wann d'Ethereum net iwwer d'$1,230 Resistenz klëmmt, kann et en anere Réckgang starten. Eng initial Ënnerstëtzung um Nodeel ass no bei der $1,216 Niveau an der 100 Stonn einfach Plënneren Moyenne.
The next major support is near the $1,210 level. The first major support is near the $1,200 level or the 61.8% Fib retracement level of the recent increase from the $1,193 swing low to $1,230 high. A downside break below $1,200 might spark a move towards the $1,180 support. Any more losses could lead the price towards the $1,150 zone.
technesch Indicateuren
Ofleen MACD - De MACD fir ETH / USD verléiert elo Dynamik an der bullish Zone.
Stonn RSI - De RSI fir ETH / USD ass elo iwwer dem 50 Niveau.
Major Support Level - $ 1,200
Major Resistenzniveau - $ 1,230
Source: https://newsbtc.com/analysis/eth/ethereum-price-downtrend-1250/