| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
Ethereum cryptocurrency continued to edge higher against the US Dollar since last week. The pair was guided by the 50– hour simple moving average during the previous week's trading session.
From a technical point of view, the cryptocurrency is likely to continue its upside risk. The potential target for the ETH/USD pair will be at the 150 mark during the following trading sessions.
However, given that the blockchain is near a support level formed by the lower boundary of an ascending channel pattern, a breakout could be expected within this session.