Ethereum gained pace above the $4,250 resistance zone against the US Dollar. ETH must stay above $4,150 to accelerate higher in the near term.
- Ethereum started a recovery wave above the $4,000 and $4,250 resistance levels.
- The price is now trading above $4,150 and the 100 hourly simple moving average.
- There was a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start a fresh rally if it stays above $4,150 and the 100 hourly SMA.
Ethereum Price Gains Momentum
Ethereum found support near $3,350 and started a fresh increase. ETH gained pace for a move above the $3,800 and $3,880 resistance levels. It even broke the $4,000 level and the 100 hourly simple moving average.
Besides, the price climbed above the 50% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low. There was also a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD.
The pair is now trading above $4,150 and the 100 hourly simple moving average. It is consolidating near the $4,350 resistance zone and the 76.4% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low.
Source: ETHUSD on TradingView.com
An initial resistance on the upside is near the $4,380 level. The first major resistance is near the $4,400 level. The next major hurdle is near the $4,550 level. A clear move above the $4,550 could send the price further higher. In the stated case, the price could drift towards the $4,700 level in the near term.
Dips Limited in ETH?
If ethereum fails to start a fresh increase above the $4,400 level, it could start a downside correction. An initial support on the downside is near the $4,300 level.
The key support is now forming near the $4,150 level and the 100 hourly simple moving average. If there is a clear break below the $4,150 support, the price could accelerate lower. The next major breakdown support is $4,000, below which the price could decline towards $3,850.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now well above the 50 level.
Major Support Level – $4,150
Major Resistance Level – $4,400
Original author: Aayush Jindal
Go to source
877713 597651Should you happen to excited about eco items, sometimes be tough shock to anyone them recognise that to help make special baskets just for this quite liquids carry basic steps liters associated ceiling fan oil producing. dc free mommy blog giveaways family trip home gardening residence power wash baby laundry detergent 767304
816592 105267Satisfying posting. It would appear that plenty of the stages are depending upon the originality aspect. Its a funny thing about life should you refuse to accept anything but the top, you quite often get it. by W. Somerset Maugham.. 810885
361085 128550An attention-grabbing dialogue is value comment. Im confident that its greater to write on this topic, towards the often be a taboo topic but typically persons are not sufficient to speak on such topics. To another location. Cheers 51828
You are a very intelligent person!
378386 222935I likewise believe thus, perfectly pent post! . 204195
362953 999241I actually prize your work , Great post. 218183
281331 753292Quite intriguing data!Perfect just what I was searching for! 379819
10218 835511Any way Im going to be subscribing for a feed and I hope you write-up once again soon 754877
Those are yours alright! . We at least need to get these people stealing images to start blogging! They probably just did a image search and grabbed them. They look good though!
order sumatriptan 25mg generic – imitrex online order sumatriptan order
Superb blog! Do you have any recommendations for aspiring writers? I’m hoping to start my own site soon but I’m a little lost on everything. Would you advise starting with a free platform like WordPress or go for a paid option? There are so many choices out there that I’m totally overwhelmed .. Any ideas? Many thanks!
Keep this going please, great job!
There is certainly a great deal to learn about this subject.
I like all the points you have made.
Good day! I could have sworn I’ve been to this website before but after checking through some of the post I realized it’s new to me.
Anyhow, I’m definitely glad I found it and I’ll be bookmarking and checking back often!
Wow! Thank you! I always needed to write on my site something like that. Can I implement a fragment of your post to my website?
Just desire to say your article is as surprising. The clarity for your
publish is just spectacular and that i could
think you are a professional in this subject. Fine along
with your permission let me to grab your RSS feed to keep updated with coming near near post.
Thank you one million and please keep up the gratifying work.
Greetings! Very helpful advice in this particular article!
It is the little changes that will make the greatest changes.
Thanks for sharing!
This website was… how do you say it? Relevant!! Finally I have
found something which helped me. Appreciate it!
Yes! Finally something about slot pulsa tanpa potongan.
Please let me know if you’re looking for a article author for your site.
You have some really great posts and I think I would be a good asset.
If you ever want to take some of the load off, I’d absolutely love to
write some content for your blog in exchange for a
link back to mine. Please send me an email if interested.
Cheers!
I believe that is one of the so much vital information for me.
And i am satisfied reading your article. But wanna remark on few common issues, The web site style is ideal, the articles is
really great : D. Excellent activity, cheers
I like the valuable info you provide in your articles.
I will bookmark your weblog and check again here frequently.
I’m quite sure I’ll learn many new stuff right here! Best of luck
for the next!
It’s perfect time to make a few plans for the longer term and it’s time to be happy.
I’ve read this put up and if I may just I want to suggest you few attention-grabbing things or advice.
Maybe you could write next articles referring to this article.
I want to read more issues approximately it!
Hello! Someone in my Facebook group shared this website with
us so I came to take a look. I’m definitely enjoying the information. I’m book-marking and will be tweeting this to my followers!
Wonderful blog and outstanding design.
Howdy just wanted to give you a quick heads up. The words in your content seem to be running off the screen in Ie.
I’m not sure if this is a formatting issue
or something to do with web browser compatibility but
I figured I’d post to let you know. The style and design look great
though! Hope you get the issue resolved soon. Kudos
Wow! After all I got a weblog from where I be able to actually obtain helpful data
concerning my study and knowledge.
Hi, I do think this is an excellent blog. I stumbledupon it 😉 I will come back yet again since i have book-marked it.
Money and freedom is the greatest way to change, may you
be rich and continue to help other people.
I go to see each day a few sites and blogs to read content,
except this website gives feature based writing.
Hi there, You have done an incredible job.
I will definitely digg it and personally recommend to my friends.
I’m sure they’ll be benefited from this website.
Great – I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs as well as related info ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Excellent task.
Thanks very nice blog!
Hola! I’ve been reading your website for a long time now and finally
got the bravery to go ahead and give you a shout out from Porter Tx!
Just wanted to tell you keep up the excellent work!
I’m not certain where you are getting your info, however good topic.
I must spend some time finding out more or working out more.
Thank you for magnificent information I used to be in search of this info for my mission.
Pretty nice post. I just stumbled upon your weblog and wanted to say that I’ve truly loved surfing around your weblog posts.
In any case I’ll be subscribing for your rss feed and I hope you
write again very soon!
Every weekend i used to go to see this web site, as i want enjoyment, for the reason that this this site conations truly nice funny stuff
too.
Good way of telling, and nice post to take information regarding my presentation focus,
which i am going to deliver in academy.
Thanks for finally talking about > Ethereum About to See “Liftoff” if It’s
Able to Hold One Crucial Level – The Cryptonium –
Cryptocurrency & Bitcoin – Rates & News < Liked it!
I’m amazed, I must say. Seldom do I encounter
a blog that’s both educative and interesting, and without a doubt, you have hit the nail on the head.
The problem is something that not enough people are speaking intelligently about.
Now i’m very happy I came across this during my
hunt for something concerning this.
Nice post. I was checking constantly this blog and
I am impressed! Very helpful info particularly the
last part 🙂 I care for such information much.
I was seeking this certain info for a long time. Thank you and good luck.
It’s in point of fact a great and helpful piece of info.
I am glad that you simply shared this useful information with us.
Please keep us informed like this. Thank you for sharing.
Heya! I just wanted to ask if you ever have any issues with hackers?
My last blog (wordpress) was hacked and I ended up losing many months of hard work
due to no data backup. Do you have any solutions to stop hackers?
Appreciating the dedication you put into your blog and detailed information you present.
It’s nice to come across a blog every once in a while that isn’t
the same out of date rehashed information. Fantastic read!
I’ve bookmarked your site and I’m adding your
RSS feeds to my Google account.
You could definitely see your enthusiasm within the article you
write. The sector hopes for more passionate writers such as you who are not afraid
to say how they believe. At all times follow your
heart.
Very energetic post, I enjoyed that a lot. Will there be a part 2?
Hi, i think that i saw you visited my web site thus i got here to
return the desire?.I’m trying to in finding things to
enhance my web site!I suppose its ok to use some of your ideas!!
Can I just say what a relief to find somebody that actually understands what they’re discussing over the internet.
You definitely understand how to bring an issue to light and make it important.
A lot more people should check this out and understand this side of
the story. It’s surprising you are not more popular because
you certainly possess the gift.
Fine way of telling, and nice article to obtain data concerning my presentation subject
matter, which i am going to deliver in university.
I don’t know whether it’s just me or if perhaps everybody else encountering problems with your site.
It seems like some of the text in your posts are running off
the screen. Can someone else please comment and let me know
if this is happening to them as well? This could be a problem
with my internet browser because I’ve had this happen previously.
Kudos
It’s hard to find knowledgeable people on this subject, but you seem
like you know what you’re talking about! Thanks
Thanks , I’ve just been searching for information approximately this
subject for a long time and yours is the best I have came upon till now.
But, what in regards to the bottom line? Are you sure about the supply?
Howdy! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me.
Anyhow, I’m definitely delighted I found it and I’ll be bookmarking and checking
back frequently!
Hello there I am so excited I found your weblog, I really found you by error, while I was researching on Bing for
something else, Anyways I am here now and would
just like to say thanks for a fantastic post and a all round interesting blog
(I also love the theme/design), I don’t have time to read it all at the moment but I
have bookmarked it and also added in your RSS feeds, so when I
have time I will be back to read a lot more, Please do keep up the fantastic
work.
Excellent blog here! Also your website loads up very fast!
What web host are you using? Can I get your affiliate
link to your host? I wish my website loaded up as
fast as yours lol
After looking into a number of the blog articles on your web site,
I really appreciate your technique of writing a blog. I book marked it to my bookmark website list and
will be checking back in the near future. Please visit my web site too and let me know what you
think.
I relish, result in I found just what I was having a
look for. You have ended my 4 day lengthy hunt! God Bless you man. Have a great day.
Bye
Hello to all, as I am actually eager of reading this weblog’s post to be updated daily.
It contains good material.
Can you tell us more about this? I’d want to find out some additional information.
Very nice article, totally what I needed.
Hey just wanted to give you a brief heads up and let you
know a few of the pictures aren’t loading correctly. I’m not sure why but
I think its a linking issue. I’ve tried it in two different browsers and both
show the same results.
I blog quite often and I seriously appreciate your information. This article has really peaked my interest.
I will bookmark your blog and keep checking for new details about
once a week. I opted in for your RSS feed as well.
Whoa! This blog looks exactly like my old one! It’s on a entirely different topic
but it has pretty much the same page layout and design. Excellent choice of colors!
I’m gone to inform my little brother, that he should also visit this
website on regular basis to obtain updated from hottest gossip.