| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The Ethereum cryptocurrency has surged by 21.13% against the US Dollar since July 16. The currency pair tested the upper boundary of a descending channel pattern at 278.97 on Thursday.
As for the near future, the ETH/USD exchange rate could continue to trend bullish. The cryptocurrency pair could target the 300.00 mark during next week trading sessions.
Although, the currency exchange rate is likely to make a brief retracement towards the 250.00 level in the shorter term.