| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The Etheruem cryptocurrency has declined by 9.12% against the US Dollar since October 22. The cryptocurrency breached the 50– and 100– period SMAs during this week trading sessions.
As for the near future, the exchange rate could continue to edge lower. A breakout through the lower line of an ascending channel pattern might occur during next week's trading sessions.
However, if the channel pattern holds, bullish traders could pressure the ETH/USD cryptocurrency exchange rate towards the 420.00 area during the following trading sessions.