| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The world's second-largest cryptocurrency by market cap, Ether, has declined by 21.10% since last week's trading sessions. The decline was stopped by the 50– day simple moving average on September 13.
All things being equal, the Ethereum cryptocurrency could continue to edge lower during the following trading sessions. The potential target for bears would be near the support level formed by the 200– day SMA at 2514.5.
However, if the 50– day moving average support level holds, bullish traders could pressure the exchange rate higher during the following trading sessions.