| 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 | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The Ethereum cryptocurrency depreciated about 12.09% in value against the US Dollar during last week's trading session. The pair breached the 50-hour simple moving average.
Everything being equal, it is likely that the cryptocurrency could aim for a support cluster formed by the monthly R2 and the 61.80% Fibonacci retracement level at 213.7 during the following trading sessions.
If the support cluster holds, bullish traders could push the ETH/USD cryptocurrency towards the $300 mark in the short-term.