| 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 | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The Ethereum cryptocurrency has been trading bearish against the US Dollar since the middle of February. The exchange rate has declined by 22.84% in value during the past three weeks.
As for the near future, the ETH/USD exchange rate could edge up within next week's trading sessions. The potential target for the pair will be at the weekly R1 at 260.23.
Although, the 100– period simple moving average at 245.63 could provide resistance for the cryptocurrency exchange rate during the following trading sessions.