The price of Etherrium began a new impression and rose to more than $ 4,500. ETH is currently being integrated and cleaning $ 4,550 can aim for more profits.
- Ether Lee is currently rising more than the $ 4,550 zone.
- The price is more than $ 4,500 and a simple moving average of 100 hours.
- The strong trend line is formed with the support of $ 4,470 in the ETH/USD chart (data feed through the KRAKEN) by time.
- This pair can start a new increase by settling more than $ 4,550 and more than $ 4,580.
Ether Leeum price gains more profits
The price of Etherrium began to recover after forming a base above $ 4,320 like Bitcoin. The ETH price was more than a resistance level of $ 4,350 and $ 4,440.
The price has risen to more than $ 4,500. The best is $ 4,531 and the price is now integrated. There was a little fullback, but the price was reversed after 23.6% FIB from $ 4,268 swing to $ 4,531 height.
Ether Leeum price is currently trading with more than $ 4,500 and a simple moving average of 100 hours. In addition, there is a strong trend line that provides $ 4,470 in the ETH/USD chart per hour.
Conversely, the price can be resisted near $ 4,530. The next key resistance is close to $ 4,550. The first main resistance is close to $ 4,580. Clear movements of more than $ 4,580 can send the price to $ 4,650. If you rise from a $ 4,650 resistance, you can get more profits in the upcoming session. If specified, the ether can rise to $ 4,740 in the short term or to $ 4,800.
Another fall of ETH?
If Ether Lee does not eliminate $ 4,550 resistance, a new reduction can begin. The initial support of the shortcomings is close to the $ 4,470 level and the trend line. The first main support is near $ 4,450.
Under the support of $ 4,450, the price can be promoted with support of $ 4,400. Losss can no longer be priced at $ 4,370 in the short term. The next main support is $ 4,270.
Technical indicator
MACD per hour – The MACD of ETH/USD is gaining momentum from the strong zone.
RSI per hour – The RSI of ETH/USD now exceeds 50 zones.
Main support level -$ 4,450
Main resistance level -$ 4,550