PLUS1
| Name | Symbol | Market | Market Cap ($) | Algorithm |
|---|---|---|---|---|
| Ethereum | ETHUSD | Crypto | 198,165,421,338 | Ethash |
| Price Change | Price Change % | Current Price | Bid Price | Offer | |
|---|---|---|---|---|---|
| 14.50 | 0.89% | 1,644.13 | 1,643.95 | 1,644.14 |
| High Price | Low Price | Open Price | Prev. Close | 52 Week Range |
|---|---|---|---|---|
| 1,658.41 | 1,608.88 | 1,630.50 | 1,629.63 | 880.00 - 3,581.60 |
| Exchange | Last Trade | Size | Trade Price | Currency |
|---|---|---|---|---|
| GDAX | 16:45:34 | 1.36 | 1,644.24 | USD |
TA: Ethereum Price Eyes Fresh Surge, 100 SMA Holds The Key
29/09/2022 5:48am
NEWSBTC
Ethereum recovered losses and climbed above the $1,320 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum found support near the $1,250 level and recovered losses. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a short-term contracting triangle forming with support at $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $1,350 resistance zone. Ethereum Price Remains Strong Ethereum found support near the $1,250 level after a strong decline. ETH traded as low as $1,253 and started a fresh increase. There was a steady increase and the price was able to clear the $1,300 resistance. The bulls were active above the $1,300 level. There was a clear move above the 50% Fib retracement level of the downward move from the $1,399 swing high to $1,253 low. The price is now trading above $1,320 and the 100 hourly simple moving average. There is also a short-term contracting triangle forming with support at $1,340 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $1,350 and $1,355 levels. The next major resistance is near $1,365 level. It is near the 76.4% Fib retracement level of the downward move from the $1,399 swing high to $1,253 low. A clear break above $1,365 might start a decent increase towards the $1,400 level. Source: ETHUSD on TradingView.com Any more gains may perhaps open the doors for a move towards the $1,450 resistance, above which the bulls could aim a move to $1,500. Fresh Decline in ETH? If ethereum fails to climb above the $1,355 resistance, it could start a fresh decline. An initial support on the downside is near the $1,340 level and the triangle lower trend line. The next major support is near the $1,315 level. A downside break below the $1,315 level might send the price towards the $1,280 support in the near term. Any more losses could increase selling and the price might drop to $1,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,315 Major Resistance Level – $1,355
1 Year Ethereum Chart |
1 Month Ethereum Chart |