| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
Since January 3, the ETH/USD exchange rate has appreciated by 17.32% in value. The surge began after the pair reversed from the lower boundary of a junior ascending channel pattern at 127.21.
Everything being equal, the Ethereum cryptocurrency will likely edge lower against the US Dollar during next week's trading sessions. The pair might target the bottom border of the channel pattern at 129.66.
However, the weekly and the monthly PPs and the 100– period simple moving average at 134.40 could provide support for the pair in the shorter term.