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The price of Etherrium has begun to recover more than $ 1,820. ETH is currently heading for integration and obstacles near the resistance of $ 1,950.
- Ether Lee has begun to recover more than $ 1,820.
- The price is traded more than $ 1,920 and a simple average moving average of 100 hours.
- The short -term weaker trend line is formed with a $ 1,900 resistance in the ETH/USD chart (data feed through Kraken) by time.
- The pair must remove $ 1,900 and $ 1,950 resistance to start a decent increase.
Ether Leeum price is faced with resistance
The price of Etherrium formed a foundation of more than $ 1,760 and started recovery as Bitcoin. ETH was able to delete the level of $ 1,820 and $ 1,850.
The bull has extracted the price more than $ 1,920. After 23.6% FIB of downward waves, the level returned from $ 2,150 to $ 1,752. But bears appear to be active near the $ 1,950 resistance area.
The price of Etherrium is now trading more than $ 1,920 and a simple 100 -hour simple moving average. Conversely, the price seems to be facing obstacles near $ 1,900.
In addition, there is a short -term weakness line with a $ 1,900 resistance in the time chart of ETH/USD. The next key resistance is close to $ 1,950, or from $ 2,150 swing high to $ 1,752 at $ 2,150 with a $ 2,150 downward down wave.
The first main resistance is close to $ 1,990. Clear movements above $ 1,990 can send the price to $ 2,050. The rise of more than $ 2,050 can require more profits in the upcoming session. If specified, the ether can rise to $ 2,120 in the short term or to $ 2,250.
Another fall of ETH?
Another reduction may begin if Ether Lee does not clean the $ 1,950 resistance. The initial support of the shortcomings is close to $ 1,845. The first main support is near $ 1,800.
Clear movements below $ 1,800 can be promoted with a $ 1,750 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 -$ 1,920