| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The Ethereum cryptocurrency has soared by 62.04% against the US Dollar since last week's trading sessions. A breakout occurred through the upper boundary of an ascending channel pattern this week.
As for the near future, the world's second-largest cryptocurrency by market cap is likely to continue to trend bullish. The potential target for buyers could be near the $4500 mark.
However, the ETH/USD cryptocurrency exchange rate could find resistance at the $3600 level during this week's trading sessions.