| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
The Ethereum cryptocurrency has surged by 35.59% against the US Dollar since April 1. The 100– period simple moving average guided the exchange rate higher during the past two weeks.
All things being equal, the ETH/USD pair will most likely continue to trade bullish during next week's trading sessions. The possible target for the cryptocurrency would be at the upper boundary of an ascending channel pattern at the 200.00 area.
Although, the weekly resistance level at 178.10 could provide resistance for the currency exchange rate in the short-term.