ETH/USD 4H Chart: Reaches new high

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)SellSellSell
Stochastic(5;3;3)SellSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

The Ethereum cryptocurrency has surged by 27.69% against the US Dollar since April 8. The world's second-largest cryptocurrency by market cap reached a record level at 2550.0 on April 16.

Everything being equal, the ETH/USD exchange rate could continue to trend bullish during the following trading sessions. The potential target for bullish traders will be near the $3000 mark.

However, the cryptocurrency exchange rate could consolidate below the $2600 mark in the shorter term.

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