| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
The Ethereum cryptocurrency has declined by 22.19% against the US Dollar since last week's trading sessions. The blockchain breached the 200– day simple moving average this week.
Technical indicators suggest selling signals on the 4H and daily time-frame charts. Most likely, sellers could continue to drive the world's second-largest cryptocurrency lower during the following trading sessions.
However, the ETH/USD cryptocurrency exchange rate could encounter support at the 1700.00 level within this week's trading sessions.