Ethereum Rakéite Richtung $ 1,800 als Bulls iwwerhuelen Krypto Maart

Ethereum started a strong increase above the $1,700 level against the US Dollar. ETH is showing positive signs and might rise again towards $1,800.

• Ethereum huet eng grouss Erhéijung iwwer den $1,650 an $1,700 Niveauen ugefaangen.
• De Präis handelt elo iwwer $ 1,700 an dem 100 all Stonn einfache bewegt Duerchschnëtt.
• Et gëtt eng Schlëssel bullish Trendlinn déi sech mat Ënnerstëtzung no bei $ 1,700 op der Stonnekarte vun ETH / USD (Datenfeed iwwer Kraken) formt.
• D'Paar kéint weider eropgoen wann et eng kloer Beweegung iwwer den $1,750 Niveau gëtt.

Ethereum Price Rallies Above $1,700

Ethereum huet eng Basis iwwer dem Niveau vun $ 1,600 geformt an ugefaang a grouss Erhéijung. ETH was able to clear a few key hurdles near the $1,650 and $1,675 levels.

The price jumped over 10% and even surpassed the $1,740 level. The bulls pumped the price towards the $1,800 level. A new multi-week high was formed near $1,784 and the price is now correcting gains. There was a minor decline below the $1,750 level.

Ether price dropped below the 23.6% Fib retracement level of the recent increase from the $1,602 swing low to $1,784 high. However, it is still well above $1,700 and the 100 Stonn einfach bewegt Duerchschnëtt.

There is also a key bullish trend line forming with support near $1,700 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $1,740 level. The first major resistance is near the $1,750 zone.

Source: ETHUSD op TradingView.com

The main resistance is now forming near the $1,780 zone. A clear move above the $1,780 level could push the price further higher. In the stated case, the price may perhaps rise towards the $1,880 resistance zone.

Dips Ënnerstëtzt an der ETH?

Wann Ethereum net iwwer d'$1,750 Resistenz eropgeet, kann et eng Downside Korrektur ufänken. Eng initial Ënnerstëtzung um Nodeel ass no bei der $1,700 Zone.

A clear move below the $1,700 support might spark a move towards the $1,670 level. It is near the 50% Fib retracement level of the recent increase from the $1,602 swing low to $1,784 high. Any more losses might even push the price to the $1,620 support or even the 100 hourly simple moving average in the near term.

technesch Indicateuren

Ofleen MACD - De MACD fir ETH / USD verléiert elo Dynamik an der bullish Zone.

Stonn RSI - Den RSI fir ETH / USD ass ëmmer nach iwwer dem 50 Niveau.

Major Support Level - $ 1,700

Major Resistenzniveau - $ 1,750