ETH/USD Daily Chart: Breaks $4000 mark

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Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralSellSell
Stochastic(5;3;3)NeutralSellSell
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate⇗⇒⇒

[ANNOUNCE]The Ethereum cryptocurrency has continued its bullish trend against the US Dollar. The second-largest cryptocurrency by market capitalization, surged past $4,000 to hit a new record high at $4300 this week.
[/ANNOUNCE]
Technical indicators suggest buying signals on the 4H, daily and weekly time-frame charts. Therefore, buyers may continue to push the cryptocurrency Ether higher in the next few weeks.

However, the ETH/USD exchange rate could make a pullback towards the $3500 mark in the shorter term.

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