| 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 | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
The ETH/USD exchange rate bounced off the $1,700 support level on July 20. As a result, the world's second-largest cryptocurrency by market cap has surged by 33% since last week's trading sessions.
Given that the 50– and 200– day simple moving averages are below the price level, the Ethereum cryptocurrency could continue to edge higher during the following trading sessions.
However, the cryptocurrency exchange rate could encounter resistance at 2824.35 during the following trading sessions.