| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Ethereum cryptocurrency has edged higher by 35.39% against the US Dollar since last week's trading sessions. The world's second-largest crypto by market cap booked a new all-time high at the $2700 mark on April 27.
Technical indicators suggest buying signals, therefore, the blockchain is likely to continue to trend bullish during the following weeks. The possible target for buyers could be near the $4000 mark.
However, the ETH/USD cryptocurrency exchange rate could find resistance at the $3000 level during this week's trading sessions.