Ethereum price is gaining pace above the $3,120 resistance zone. ETH could continue to move up unless there is a daily close below the $3,030 level.

• Ethereum framlengdi hækkun sína yfir $3,150 viðnámssvæðinu.
• Verðið er yfir $3,150 og 100 klukkustunda einfalt hreyfanlegt meðaltal.
• Það myndast straumlína sem myndast með stuðningi við $3,160 á klukkustundartöflu ETH/USD (gagnastraumur um Kraken).
• The pair could continue to move up unless the bears push it below the $3,030 zone.

Ethereum Price Extends Increase

Ethereum price started a recovery wave and was able to clear the $3,000 resistance, like Bitcoin. ETH even climbed above the $3,050 and $3,120 resistance levels to move into a positive zone.

It traded to a new weekly high at $3,234 and is currently consolidating gains. There was a minor decline below the $3,200 level. Ether dipped below the 23.6% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.

Ethereum er nú í viðskiptum yfir $3,150 og 100 klukkustunda einfalt hreyfanlegt meðaltal. There is also a connecting bullish trend line forming with support at $3,160 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the recent increase from the $3,120 swing low to the $3,234 high.

Immediate resistance is near the $3,210 level. The first major resistance is near the $3,235 level. The next key resistance sits at $3,280, above which the price might gain traction and rise toward the $3,350 level.

Heimild: ETHUSD á TradingView.com

A close above the $3,350 resistance could send the price toward the $3,500 resistance. If there is a move above the $3,500 resistance, Ethereum could even test the $3,550 resistance. Any more gains could send Ether toward the $3,720 resistance zone in the coming days.

Hæðarleiðrétting í ETH?

If Ethereum fails to clear the $3,235 resistance, it could start a downside correction. Initial support on the downside is near the $3,175 level. The first major support is near the $3,160 zone and the trend line.

The main support is near the $3,150 level and the 100-hourly Simple Moving Average. A clear move below the $3,150 support might increase selling pressure and send the price toward $3,030. Any more losses might send the price toward the $2,850 level in the near term.

Tæknilegar Vísar

Klukkutíma MACD - MACD fyrir ETH/USD er að missa skriðþunga á bullish svæði.

Á klukkutíma fresti RSI - RSI fyrir ETH / USD er nú undir 50 stiginu.

Stór stuðningsstig - $ 3,150

Major Resistance Level - $ 3,235

Fyrirvari: Greinin er eingöngu veitt í fræðsluskyni. Það táknar ekki skoðanir NewsBTC um hvort eigi að kaupa, selja eða halda fjárfestingum og náttúrulega fylgir fjárfesting áhættu. Þér er bent á að framkvæma eigin rannsóknir áður en þú tekur fjárfestingarákvarðanir. Notaðu upplýsingarnar sem gefnar eru upp á þessari vefsíðu algjörlega á þína eigin ábyrgð.

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• Heimild: https://www.newsbtc.com/analysis/eth/ethereum-price-reversal-3400/