| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Ethereum cryptocurrency has surged by 14.94% against the US Dollar since last week's trading sessions. The world's second-largest crypto by market capitalization breached the 3362.6 this week.
All things being equal, the exchange rate could continue to trend higher during the following trading sessions. The potential target for bullish traders would be near the $4200 mark.
On the other hand, the ETH/USD cryptocurrency could reverse from the current price level at 3427.1 and target the 50– day simple moving average at 2719.8 this week.