| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The Ethereum cryptocurrency has declined by 10.12% against the US Dollar during the past two weeks. The exchange rate breached the 230.00 mark during yesterday's trading session.
As for the near future, the ETH/USD cryptocurrency pair could continue to decline. Sellers are likely to target a support level formed by the 200– period simple moving average at 213.0 during the following trading sessions.
However, the weekly support line at 226.13 could provide support for the currency exchange rate in the shorter term.