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Ethereum Price Analysis: ETH/USD bulls eke out an advantage in the early hours of Tuesday

  • ETH/USD broke above the SMA 20 this Monday.
  • The Elliott Oscillator has had a green session following five straight red sessions.
Ethereum Price Analysis: ETH/USD bulls eke out an advantage in the early hours of Tuesday
Rajarshi MitraRajarshi MitraIndependent Analyst

ETH/USD daily chart

ETH/USD daily chart

ETH/USD bulls have remained in control for the second straight day as the price went up from $204.07 to $204.45. This Monday, the price jumped up from $199.65 and crossed above the SMA 20. The Elliott Oscillator has had a green session following five straight red sessions, while the MACD indicates sustained bearish momentum.

The bulls will now need to overcome resistance at $215 and $223.25. On the downside, healthy support lies at $199.30 and $187.75.

Key levels

ETH/USD

Overview
Today last price204.31
Today Daily Change0.24
Today Daily Change %0.12
Today daily open204.07
 
Trends
Daily SMA20202.89
Daily SMA50190.93
Daily SMA100187.67
Daily SMA200175.98
 
Levels
Previous Daily High205.63
Previous Daily Low198.06
Previous Weekly High216.98
Previous Weekly Low191.49
Previous Monthly High227.37
Previous Monthly Low128.95
Daily Fibonacci 38.2%202.74
Daily Fibonacci 61.8%200.95
Daily Pivot Point S1199.54
Daily Pivot Point S2195.02
Daily Pivot Point S3191.97
Daily Pivot Point R1207.11
Daily Pivot Point R2210.16
Daily Pivot Point R3214.68


 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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