Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇗ |
Ethereum cryptocurrency has appreciated about 12.16% in value against the US Dollar since June 14. The currency pair was supported by the 50-hour simple moving average and the 23.60% Fibonacci retracement level at 264.8.
By and large, it is likely that the ETH/USD currency pair will make a pullback towards a support level formed by the 23.60% Fibonacci retracement level during the following trading sessions.
However, technical indicators suggest that the currency exchange rate might continue its bullish momentum in the short term.