Daily analysis (TA) :Ethereum price set a downside correction

in hive-110112 •  4 years ago 

ETH extended his rally above 1870$ and 1900$ and 1930$

The main support is forming near 1870$ level, any more losses might lead the price towards 1800$ important support level.
The new resistance is the 1930$ level, if ETH submit this resistance level it will be able to scale into a next resistance level in 1970$.

Hourly MACD – The MACD is in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for ETH/USD is now 50 level.

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ETH 1930$-1970$ resistance levels😉👌🏻❤️

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