ETH/USD 4H Chart: Stranded between SMAs

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Indicator 4H 1D 1W
 MACD(12;26;9) Sell Buy Sell
 RSI(14) Neutral Neutral Neutral
 Stochastic(5;3;3) Neutral Neutral Neutral
 Alligator(13;8;5) Sell Buy Sell
 SAR(0.02;0.2) Sell Sell Buy
 Aggregate

The Ethereum cryptocurrency has continued to appreciate against the US Dollar. The 100–hour simple moving average has guided the pair towards the 155.40 area a few days ago.

As for the near future, it is likely that the ETH/USD exchange rate continues to surge during the following trading sessions. The potential upside targets will be near the weekly R1 at 160.4. 

Although, the 50-hour simple moving average at 144.40 could hinder bulls from pushing the cryptocurrency higher today.

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