• 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.

Key Levels

ETH/USD

Overview
Today last price 270.6
Today Daily Change -3.36
Today Daily Change % -1.23
Today daily open 273.96
 
Trends
Daily SMA20 256.21
Daily SMA50 229.57
Daily SMA100 191.38
Daily SMA200 156.62
Levels
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

 

 

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