ETH/USD 4H Chart: Remains near 152.5

Source: Dukascopy Bank SA

Indicator 4H 1D 1W
 MACD(12;26;9) Buy Buy Sell
 RSI(14) Neutral Sell Neutral
 Stochastic(5;3;3) Neutral Neutral Neutral
 Alligator(13;8;5) Buy Buy Sell
 SAR(0.02;0.2) Buy Buy Buy
 Aggregate

The Ethereum cryptocurrency has continued its movement in an ascending channel against the US Dollar. The currency pair gained about 22.97% in values during the last week.

During the Asian Session on Friday, the ETH/USD pair was trading near a one-month high level at the 149.3 area.

Technical indicators demonstrate that the coin will continue edging high during the following trading session. The potential upside target will be at a swing high of 163.0.

On the other hand, a decline from the current price level could be expected within this trading session.

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