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The price of Etherrium has begun a new surge of more than $ 1,720. ETH is now modifying profits and you can visit the $ 1,700 support area again.
- Ether Lee has started a fresh rally of more than $ 1,720.
- The price is more than $ 1,700 and a simple moving average of 100 hours.
- There is a connecting bare lysch trend line that is formed in a time of $ 1,780 in the ETH/USD chart (data feed via KRAKEN).
- Remove the $ 1,800 resistance area can begin a new increase.
Ether Leeum price signals the decline.
The price of Etherrium has been stable at more than $ 1,680 and has begun a new increase like Bitcoin. ETH has been traded at more than $ 1,720 and $ 1,750. The bull even pumped more than $ 1,800.
The best was $ 1,834 and the price has recently begun to decline. From the low $ 1,565 swing to $ 1,834 height, there was a move below after 23.6% FIB of the rise. The price even dropped below $ 1,780.
There is also a connecting bearish trend line that is formed by a $ 1,780 resistance in the ETH/USD chart for each time. Ether Leeum price is currently trading with more than $ 1,720 and a simple moving average of 100 hours.
Conversely, the price seems to be facing obstacles near $ 1,780 and near the trend line. The next key resistance is close to $ 1,800. The first main resistance is close to $ 1,840. Clear movements above $ 1,840 can send the price to $ 1,920 resistor.

Rising over $ 1,920 can require more profits in the upcoming session. If specified, the ether can rise to $ 1,950 in the short term or to $ 2,000.
Is DIP limited ETH?
A new reduction may begin if Ether Lee does not clean the $ 1,780 resistance. The initial support of the shortcomings is close to $ 1,725. The first main support is near the $ 1,700 zone and is at a 50% FIB reversal level from $ 1,565 to $ 1,834 height.
Clear movements below $ 1,700 can be promoted with $ 1,650 support. Losss can no longer be priced at $ 1,620 in the short term. The next main support is $ 1,550.
Technical indicator
MACD per hour – The MACD of ETH/USD is losing its driving force in the strong zone.
RSI per hour – The RSI of ETH/USD is now lower than Zone 50.
Main support level -$ 1,700
Main resistance level -$ 1,800