| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
Since January 19, the Ethereum cryptocurrency has declined by 26.73% against the US Dollar. The blockchain tested the lower boundary of an ascending channel pattern during the Asian session on Friday.
As for the near future, the exchange rate could continue to edge lower. A breakout through the bottom border of the channel pattern could occur during the following trading sessions.
However, if the ascending channel pattern holds, bullish traders would pressure the ETH/USD cryptocurrency exchange rate higher during next week's trading sessions.