| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Ethereum cryptocurrency has continued to depreciate against the US Dollar. The 50–hour simple moving average has guided the pair toward the 105.40 area a few days ago.
As for the near future, it is likely that the ETH/USD exchange rate continues to fall during the following trading sessions. The potential downside targets will be near the weekly S1 at 89.60.
Although, the monthly support level at 105.40 could hinder bears from pushing the cryptocurrency lower today.