| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The Ethereum cryptocurrency has continued its bullish trend against the US Dollar. The second-largest cryptocurrency by market capitalization, surged past $4,000 to hit a new record high at $4300 this week.
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Therefore, buyers may continue to push the cryptocurrency Ether higher in the next few weeks.
However, the ETH/USD exchange rate could make a pullback towards the $3500 mark in the shorter term.