Ethereum deține peste 1,220 USD și amenință să scadă la 1,029.90 USD

The Ethereum price (ETH) is in a downtrend and faces another rejection of the high at $1,400. The largest altcoin previously fell to a low of $1,220, but the bulls bought the dips.

Analiza pe termen lung a prețului Ethereum: urs

On September 21, Ether rose to the high of $1,400 but was rejected. Ether would have regained its upside momentum if buyers had overcome the current resistance. The altcoin dropped significantly above the current support and later continued a sideways movement. The downtrend will start when the price falls below the support at $1,220. The current support is the resistance level from July 8. The market will continue to fall to a low of $1,029.90 if sellers break the current support. Meanwhile, ETH /USD is moving above the $1,220 support but below the $1,400 high.

Analiza indicatorilor Ethereum

Ether is at level 38 of the Relative Strength Index for the period 14. It is in the downtrend zone and could fall further. The cryptocurrency will continue to fall as long as the price bars are below the moving average lines. The altcoin is above the 40% area of the daily stochastic. Ether is in a bullish momentum but has eased. 

Indicatori tehnici

Zone de rezistență cheie: 2,500 USD, 3,300 USD, 4,000 USD

Zone cheie de asistență: 2,000 USD, 1,500 USD, 1,000 USD

Care este următoarea direcție pentru Ethereum? 

On the 4-hour chart, Ether’s upside moves are slowed down by the 21-day line SMA. This means that the cryptocurrency is likely to fall further. Meanwhile, the downtrend from September 19 has found a continuation with a candlestick testing the 61.8% Fibonacci retracement level. The retracement suggests that ETH will fall to the 1.618 Fibonacci extension level or $1,162.82.

Disclaimer. Această analiză și prognoză sunt opiniile personale ale autorului și nu reprezintă o recomandare de cumpărare sau vânzare de criptomonede și nu trebuie privite ca o aprobare de către CoinIdol. Cititorii ar trebui să facă cercetări înainte de a investi în fonduri.