Ethereum technical analysis: ETH/USD re-enter the $190 zone following three straight bullish days

  • ETH/USD daily chart shows sustained bullish momentum.
  • The 4-hour ETH/USD is floating above the green Ichimoku cloud.

ETH/USD daily chart


ETH/USD managed to chart three bullish days in a row, going up from $181.85 to $190.35.The market is trending above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The SMA 20 is also looking to cross over the SMA 50 curve, which is a bullish sign. The Moving Average Convergence/Divergence (MACD) indicates sustained bullish momentum.

ETH/USD 4-hour chart


The four-hour chart is floating above the green Ichimoku cloud and the SMA 20, SMA 50 and SMA 200 curves. The SMA 20 has crossed over the SMA 50 in the four-hour chart, which is a bullish sign and the Relative Strength Index (RSI) indicator is around 65.62, right next to the overbought zone.

ETH/USD hourly chart


The hourly ETH/USD chart has found support at the SMA 20 curve and jumped. The 20-day Bollinger jaw is narrowing, indicating decreasing market volatility The Elliott Oscillator shows eight straight bearish sessions.

Key Levels


Today last price 190.11
Today Daily Change 1.10
Today Daily Change % 0.58
Today daily open 189.01
Daily SMA20 178.9
Daily SMA50 183.58
Daily SMA100 189.55
Daily SMA200 213.62
Previous Daily High 192.57
Previous Daily Low 182.47
Previous Weekly High 193.29
Previous Weekly Low 177.01
Previous Monthly High 199.04
Previous Monthly Low 153.28
Daily Fibonacci 38.2% 188.71
Daily Fibonacci 61.8% 186.33
Daily Pivot Point S1 183.47
Daily Pivot Point S2 177.92
Daily Pivot Point S3 173.37
Daily Pivot Point R1 193.56
Daily Pivot Point R2 198.12
Daily Pivot Point R3 203.66



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.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

War for dominance hit the bedrock of the market

The cryptocurrency market reaches the end of the week with widespread declines in the crypto market. The week has been dominated by a boiling Altcoin segment that has set very significant rises.

More Bitcoin News

BCH/USD in retreat after gaining 7% in a matter of minutes

Bitcoin Cash (BCH) is still in a red zone on a day-to-day basis; however, the coin recovered strongly from the intraday low of $232.60 and hit $240.00 in a matter of minutes. At the time of writing, BCH/USD is changing hands at $237.00.

More Bitcoin Cash News

ADA/USD extends the decline, $0.1000 at risk

Cardano (ADA) extended the decline and hit $0.1102 on Friday. The coin has lost 20% from the peak of $0.1386 reached on July 8. At the time of writing, ADA/USD is changing hands at $0.1120, down 9% in the recent 24 hours.

More Cardano News

ETH/USD volatility ousted as DeFi skyrockets to $2 billion

Ethereum alongside the largest cryptocurrency, Bitcoin are dealing with a peculiar situation characterized by low trading volume, poor investor interest as well as the lack of catalysts.

More Ethereum News


Bitcoin Weekly Forecast: BTC volatility drops to a year low, get ready for a spiral drive

The week was tough for the cryptocurrency markets confined to tight ranges. Bitcoin has lost 1% of its value during the recent seven days with the trading range limited by $9,298 on the upside and $8,933 on the downside.

Read the weekly forecast