Ethereum is consolidating above the $3,800 support zone against the
US Dollar. ETH must clear the $3,900 and $3,950 resistance levels
to continue higher in the near term. Ethereum started a fresh
increase above the $3,800 and $3,820 resistance levels. The price
is now trading above $3,800 and the 100 hourly simple moving
average. There was a break above a key contracting triangle forming
with resistance near $3,820 on the hourly chart of ETH/USD (data
feed via Kraken). The pair could start a fresh rally if it clears
the key $3,900 resistance zone. Ethereum Price Eyes Upside Break
Ethereum started a fresh increase above the $3,750 resistance zone.
ETH gained pace after it broke the $3,800 resistance zone and the
100 hourly simple moving average. There was also a break above a
key contracting triangle forming with resistance near $3,820 on the
hourly chart of ETH/USD. The pair even spiked above $3,880, but
there was no upside continuation above $3,920. A high was formed
near $3,900 and it is now consolidating gains. There was a break
below the $3,850 level. Ether price traded below the 23.6% Fib
retracement level of the upward move from the $3,742 swing low to
$3,900 high. It is now trading above $3,800 and the 100 hourly
simple moving average. An immediate resistance on the upside is
near the $3,880 level. The next major resistance is near the $3,900
level, above which the price might start a fresh rally. Source:
ETHUSD on TradingView.com The next key resistance is near the
$3,920 level. Any more gains could increase the chances of a move
above the $4,000 level. In the stated case, the price might rise
towards the $4,120 level. Dips Limited in ETH? If ethereum fails to
continue higher above the $3,880 and $3,900 resistance levels, it
could start a fresh downside correction. An initial support on the
downside is near the $3,820 level. The 50% Fib retracement level of
the upward move from the $3,742 swing low to $3,900 high is also
near the $3,820 level. Any more downsides could lead the price
towards the $3,780 support and the 100 hourly SMA. The next key
support is near $3,750. Technical Indicators Hourly MACD – The MACD
for ETH/USD is losing pace in the bullish zone. Hourly RSI – The
RSI for ETH/USD is now above the 50 level. Major Support Level –
$3,820 Major Resistance Level – $3,900

Ethereum (COIN:ETHUSD)
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Ethereum (COIN:ETHUSD)
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De Out 2020 até Out 2021 Click aqui para mais gráficos Ethereum.