Ethereum price extended its decline below the $1,550 support against the US Dollar. ETH is recovering losses, but upsides might be capped near $1,620.
- Ethereum gained bearish momentum below $1,580 and $1,550.
- Цената се тргува под 1,600 долари и просечниот просечен подвижна 100 часа.
- Постои клучна мечешки тренд линија што се формира со отпор близу 1,605 $ на часовната шема на ЕТХ / УСД (извор на податоци преку Кракен).
- The pair could correct higher but the bears might remain active near $1,600 and $1,620.
Цената на Ethereum се распаѓа
Ethereum’s price failed to settle above the $1,620 pivot level. ETH started a fresh decline and settled below the $1,600 level, like Bitcoin.
There was a drop below the $1,580 and $1,550 levels. It retested the $1,530 zone. A low has formed near $1,530 and the price is now correcting losses. There was a minor increase above the $1,550 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $1,670 swing high to the $1,530 low.
Ether is now trading below $1,600 and the 100-hourly Simple Moving Average. Besides, there is a key bearish trend line forming with resistance near $1,605 on the hourly chart of ETH/USD.
On the upside, the price might face resistance near the $1,600 level or the 50% Fib retracement level of the downward move from the $1,670 swing high to the $1,530 low. The next resistance is near the $1,605 level or the trend line.
Извор: ETHUSD на TradingView.com
The first major resistance is near $1,620, above which the price could rise toward the $1,650 level. The next major hurdle is near the $1,670 level. A close above the $1,670 level might send Ethereum further higher toward $1,750.
Уште еден пад на ЕТХ?
Ако Ethereum не успее да го исчисти отпорот од 1,600 долари, може да започне нов пад. Почетната поддршка на надолната страна е блиску до нивото од 1,550 долари.
The first key support is close to $1,530. The next key support is $1,500. A downside break below $1,500 might spark more bearish moves. In the stated case, there could be a drop toward the $1,440 level in the near term.
Технички индикатори
Часовник MACD - The MACD for ETH/USD is slowly losing momentum in the bearish zone.
Час РСИ - RSI за ETH / USD сега е под нивото од 50.
Големо ниво на поддршка - 1,530 долари
Големо ниво на отпорност - 1,620 американски долари
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-capped-1620/