ETH/USD Daily Chart: Consolidates below $3,000

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

The Ethereum cryptocurrency declined by 17.99% against the US Dollar during last week's trading sessions. The 50– day simple moving average pressured the exchange rate lower last week.

The cryptocurrency Ether could continue to trade within the 2,000.0/3,000.0 levels during the following trading sessions. Sellers are likely to target the $2000 level this week.

However, technical indicators suggest the ETH/USD cryptocurrency exchange rate could trend bullish during this week's trading sessions.

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