| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇑ | ⇒ | ⇒ |
The Ethereum cryptocurrency surged by 20% against the US Dollar during last week's trading sessions. The second-largest crypto by market cap tested the 50– day simple moving average at 2852.7 on May 27.
Technical indicators flash buying signals on the 4H time-frame chart. Most likely, the ETH/USD exchange rate could surge above the 50– day SMA at 2852.7 within this week's trading sessions.
However, if the resistance level formed by the 50– day SMA holds, bearish traders might drive the price lower in the nearest future.