Ethereum started a fresh decline from the $1,320 resistance against the US Dollar. ETH is struggling and remains at a risk of a move below $1,150.
- Ethereum huet en anere Réckgang ugefaang an ënner der Ënnerstëtzung vun $ 1,200 gehandelt.
- De Präis handelt elo ënner $ 1,200 an dem 100 all Stonn einfache bewegt Duerchschnëtt.
- Et gëtt e Schlësselvertragende Dräieck formt mat Resistenz no bei $ 1,190 op der Stonnekarte vun ETH / USD (Datafeed via Kraken).
- De Pair kéint weider erof goen, ausser de Präis klëmmt iwwer d'$1,220 Resistenz.
Ethereum Präis gëtt Rot
Ethereum price failed to stay above the $1,300 support zone. ETH reacted to the downside and traded below the $1,250 support zone to move into a bearish zone, similar to bitcoin.
d' decline gained pace below the $1,200 level and the 100 hourly simple moving average. Ether price traded as low as $1,154 and is currently consolidating losses. There was a minor increase above the $1,180 resistance zone, but the bears remained active.
Ether price is now trading below $1,200 and the 100 hourly simple moving average. It is also trading below the 23.6% Fib retracement level of the downward move from the $1,350 swing high to $1,154 low.
An immediate resistance on the upside is near the $1,190 level. There is also a key contracting triangle forming with resistance near $1,190 on the hourly chart of ETH/USD. The first major resistance is near the $1,210 level and the 100 hourly simple moving average.
Source: ETHUSD op TradingView.com
A close above the $1,220 resistance might start a decent increase. The next major resistance could be $1,260 or the 50% Fib retracement level of the downward move from the $1,350 swing high to $1,154 low, above which ether could rise towards $1,300. Any more gains might send the price towards the $1,350 resistance zone.
Méi Verloschter an der ETH?
Wann d'Ethereum net iwwer d'$1,220 Resistenz klëmmt, kann et weider erof goen. Eng initial Ënnerstëtzung um Nodeel ass no bei der $1,170 Niveau.
Déi nächst grouss Ënnerstëtzung ass no bei der $1,150 Niveau, ënner deem de Präis bearish Dynamik Richtung $1,100 Ënnerstëtzung gewannen kann. All méi Verloschter kéinten de Präis Richtung $ 1,050 Ënnerstëtzung féieren.
technesch Indicateuren
Ofleen MACD - De MACD fir ETH / USD gewënnt elo Dynamik an der bearish Zone.
Stonn RSI - De RSI fir ETH / USD ass elo ënner dem 50 Niveau.
Major Support Level - $ 1,150
Major Resistenzniveau - $ 1,220
Source: https://newsbtc.com/analysis/eth/ethereum-price-suffers-setback-1150/