| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
[ANNOUNCE]The Ethereum cryptocurrency has been depreciating against the US Dollar since June 26 after the pair could not surpass the resistance level formed by the weekly R1 at 357.03.[/ANNOUNCE]
As apparent on the (4H) chart, the ETH/USD is stranded between SMAs during the morning hours of Friday's trading session.
Technical indicators flash sell signals on the smaller time frame, therefore, a southern breakout might occur within this session.
However, if the support level formed by the 200-hour simple moving average holds, bulls could push the cryptocurrency towards the 357.03 area during next week's trading sessions.