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The price of Etherrium began to impress more than the $ 1,750 zone. ETH is currently rising and aims to move beyond the $ 1,880 resistance area.
- Ether Leeum has been strongly maintained for more than $ 1,720 and has begun a new increase.
- The price is over $ 1,800, a simple transaction of 100 hours.
- A short -term contract triangle is formed with a $ 1,860 resistance in the ETH/USD chart (data feed through Kraken) by time.
- Removing the $ 1,880 resistance area can begin a new increase.
Ether Leeum price gains momentum
Ether Leeum price was supported above $ 1,720 and started another increase as Bitcoin. ETH has risen to $ 1,780 and $ 1,800, and set tones for greater increase.
The bull even extracted the price for more than $ 1,850. The best is formed at $ 1,872 and the price is now integrating profit. There was a slight reduction and the price was tested after 23.6% FIB from the $ 1,733 swing to the lowest 1,872 dollars.
Ether Leeum price is currently trading with more than $ 1,800 and a simple moving average of 100 hours. Conversely, the price seems to be facing obstacles near $ 1,850. In the ETH/USD chart for each time, a short -term contract triangle is formed with a $ 1,860 resistance.
The next key resistance is close to $ 1,880. The first main resistance is close to $ 1,920. Clear movements above $ 1,920 can send the price to $ 1,950. Rising over $ 1,950 can require more profits in the upcoming session. If specified, the ether can rise to $ 2,000 in the short term or to $ 2,050.
Another reduction in ETH?
A new reduction can begin if Ether Lee does not eliminate $ 1,880 resistance. The initial support of the shortcomings is close to $ 1,840. The first main support is near $ 1,800, with a 50% FIB return level from $ 1,733 swing to $ 1,872.
Clear movements below $ 1,800 can be promoted with a $ 1,765 support. Losss can no longer be priced at $ 1,720 in the short term. The next main support is $ 1,650.
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 -$ 1,800
Main resistance level -$ 1,880