ETH/USD 4H Chart: Reaches $185 mark

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuySell
SAR(0.02;0.2)SellBuyBuy
Aggregate

The ETH/USD exchange rate has appreciated about 29.98% since March 29. The cryptocurrency breached the upper boundary of a dominant ascending channel at 174.1 on April 3.

After hitting the $185 mark, the Ethereum cryptocurrency began to decline against the US Dollar. The decline was stopped by a support cluster formed by the weekly and the monthly pivot points at 161.0.

By and large, it is likely that the cryptocurrency exchange rate continues its upside movement. The pair could aim for a re-tests of the $185 mark during the following trading sessions.

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