- ETH/USD went up from $268.55 to $274.25 this Monday.
- Tuesday has been bearish so far, as the price has gone down to $270.25.
ETH/USD daily chart
The daily ETH/USD price is currently trending in an upwards channel. Four out of the last seven sessions have been bullish. The price went up from $268.55 to $274.25 this Monday. The bears stepped in this Tuesday and prevented the price from breaching past the $275-level. ETH/USD is currently trading at $270.25. The price is trending above the 200-day simple moving average (SMA 200), SMA 50 and SMA 20 curves. The moving average convergence/divergence (MACD) indicator shows that the signal line is diverging away from the MACD line, indicating bullish momentum.
ETH/USD 4-hour chart
The 4-hour ETH/USD market shows that the latest price session has broken past the support provided long-running upward trending line. ETH/USD bulls have found resistance at $277.50 and $275. The Ichimoku cloud turned red this Monday but has since become green again. The relative strength index (RSI) indicator is trending around 56.25. The SMA 200 curve momentarily crossed over the SMA 50 curve before the SMA 50 regained its lead.
ETH/USD hourly chart
The hourly ETH/USD chart is trending below the SMA 50 and SMA 20 curves while it is still above the SMA 200 curve. The Elliot oscillator shows three straight bearish sessions of increasing bearish intensity. The three latest sessions have pushed the price down towards the lower curve of the 20-day Bollinger band. The narrowing of the Bollinger jaw also indicates lower market volatility.
|Today last price||270.6|
|Today Daily Change||-3.36|
|Today Daily Change %||-1.23|
|Today daily open||273.96|
|Previous Daily High||275.81|
|Previous Daily Low||267.69|
|Previous Weekly High||266.05|
|Previous Weekly Low||226.48|
|Previous Monthly High||288.43|
|Previous Monthly Low||159.05|
|Daily Fibonacci 38.2%||272.71|
|Daily Fibonacci 61.8%||270.79|
|Daily Pivot Point S1||269.16|
|Daily Pivot Point S2||264.36|
|Daily Pivot Point S3||261.04|
|Daily Pivot Point R1||277.28|
|Daily Pivot Point R2||280.61|
|Daily Pivot Point R3||285.41|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.