| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The Ethereum cryptocurrency has surged by 33.20% against the US Dollar since last week sessions. The ETH/USD currency pair breached the weekly resistance level at 385.4 on August 5.
Technical indicators flash buying signals on all time-frame charts. Most likely, the exchange rate will continue trading in an ascending channel pattern during the following trading sessions.
However, the cryptocurrency exchange rate could encounter a resistance cluster at 424.9 in the shorter term.