| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
During the past two weeks, the second-largest cryptocurrency Ether has plunged by 53.32% against the USDT. The digital currency breached the $2,000 level last week.
Everything being equal, Ethereum cryptocurrency could continue to edge lower during the following trading sessions. The potential target for bearish traders will be near the $1,500.00 mark.
However, a support level formed by the 200– period simple moving average at 1595.8 could provide support for the ETH/USD cryptocurrency exchange rate within this week's trading sessions.