ETH/USD 4H Chart: Bulls could prevail

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)SellSellSell
Stochastic(5;3;3)SellSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

The Ethereum cryptocurrency has soared by 77.09% against the US Dollar since January 1. The exchange rate breached the $1300 mark during yesterday's trading session.

All things being equal, the ETH/USD cryptocurrency pair could continue to trend bullish during the following trading sessions. The potential target for bulls would be at the 1500.00 level.

However, the week R3 at 1357.1 could provide resistance for the currency exchange rate next week.

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