| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The ETH/USD pair has appreciated about 61.73% in value since May 10. The cryptocurrency hit the $280 mark during yesterday's trading session.
After reaching the 280.0 area, the Ethereum cryptocurrency began to decline. The pair tested the 50.00% Fibonacci retracement level at 228.2 during the morning hours of Friday's trading session.
If the 50.00% Fibonacci retracement level holds, a surge towards the $300 mark could be expected during next week's trading sessions.
However, if the pair passes the Fibonacci level as mentioned above, bears are likely to aim for a support cluster at 213.7 in the shorter term.