Este artículo también está disponible en estñol.
ETHEREUM price failed to continue higher than $ 2,880 resistance. ETH is now moving down and may slip towards $ 2,320 support.
- ETHEREUM has started a new decrease less than $ 2700.
- The price is traded to less than 2700 dollars and the simple moving average is 100 hours.
- There is a declining directional line connected to resistance at 2680 dollars on the ETH/USD (database via Kraken).
- The husband can start a new decrease if it remains less than the level of $ 2700.
Ethereum prices fade away
Price ethereum began a recovery wave higher than $ 2650, such as Bitcoin. ETH managed to exceed the resistance level of $ 2700 and $ 2,750 to move to a short -term positive area.
However, the bears were active above 2800 dollars and the price began to decrease. There was a step less than $ 2,720 and $ 2700. The price has decreased and the FIB re -imitation level has decreased by 50 % of the upward transition from the decrease in the swing of $ 2,127 to an increase of $ 2,923.
ETHEREUM price is now trading less than $ 2700 and a simple moving average 100 hours. There is also a declining trend line that is formed with resistance at $ 2680 on the ETH/USD watch chart.
In the upward direction, the price appears to face obstacles near the level of $ 2680 and the simple moving average for 100 hours. The first large resistance approaches the level of $ 2700. The main resistance is now formed near $ 2,880 or $ 2,920. It may send a clear step over 2920 dollars resistance to the $ 3,000 resistance.
The bullish trend break on $ 3,000 to make more gains in the upcoming sessions. In the aforementioned case, the ether may rise towards the resistance area, which is valued at $ 3,050, or even $ 3,120 in the short term.
More losses in ETH?
If Ethereum fails to scan 2700 dollars, it may start to decrease. Initial support on the downside is near the level of $ 2,525. The first main support sits near the $ 2440 region.
The clear step may lead to the support of $ 2,440 to pay the price towards $ 2,320 support. Any other losses may send the price to the 2-250 dollar support level in the short term. The following main support sits in $ 2,120.
Technical indicators
Every MACD watch – MACD is acquired for ETH/USD momentum in the Habboudia area.
Every RSI watch – RSI for ETH/USD is now less than area 50.
The main support level – $ 2,525
The main resistance level – $ 2,440
