Indicator | 4H | 1D | 1W |
---|---|---|---|
MACD(12;26;9) | Sell | Sell | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Sell | Sell | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇘ | ⇒ | ⇒ |
The Etheruem cryptocurrency edged higher by 28.93% against the US Dollar during last week's trading sessions. The surge was stopped by the 50– day simple moving average.
The second-largest cryptocurrency by market capitalization failed to surpass the 50– day SMA.
Technical indicators suggest selling signals on the 4H time-frame chart. The exchange rate could continue to edge lower this week.
However, sellers are likely to encounter support at the $2,000 level during the following trading sessions.