Sunday, July 13, 2025
No Result
View All Result
Ajoobz
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Ajoobz
No Result
View All Result

Ethereum Price Key Indicators Suggest Rising Selling Interest Below $1,700

2 years ago
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on TwitterShare on E-Mail


Ethereum value is struggling to get well above the $1,700 resistance towards the US Greenback. ETH may begin a recent decline if it stays under $1,700 and $1,720.

Ethereum is struggling to get well above the $1,700 and $1,720 ranges.
The value is buying and selling under $1,700 and the 100-hourly Easy Shifting Common.
There’s a key bearish pattern line forming with resistance close to $1,680 on the hourly chart of ETH/USD (knowledge feed through Kraken).
The pair may begin one other decline if it stays under the $1,700 degree within the close to time period.

Ethereum Value Consolidates Beneath $1,700

Ethereum’s value began a restoration wave from the $1,520 zone. ETH managed to get well above the $1,550 and $1,580 ranges, much like Bitcoin.

Nevertheless, the worth is struggling to get well above the $1,700 and $1,720 ranges. It’s now transferring decrease and buying and selling under the 23.6% Fib retracement degree of the restoration wave from the $1,517 swing low to the $1,716 excessive. There’s additionally a key bearish pattern line forming with resistance close to $1,680 on the hourly chart of ETH/USD.

Ether is now buying and selling under $1,700 and the 100-hourly Easy Shifting Common. On the upside, the worth would possibly face resistance close to the $1,680 degree and the pattern line.

Supply: ETHUSD on TradingView.com

The following resistance is close to $1,690 or the 100-hourly Easy Shifting Common. The primary main resistance is forming close to $1,700 and $1,720. An in depth above the $1,720 degree may begin a good improve within the close to time period. The following main resistance is close to the $1,750 degree. Any extra features would possibly ship the worth towards the $1,820 resistance and even $1,880 within the coming days.

One other Drop in ETH?

If Ethereum fails to clear the $1,700 resistance, it may begin one other decline. Preliminary assist on the draw back is close to the $1,620 degree or the 50% Fib retracement degree of the restoration wave from the $1,517 swing low to the $1,716 excessive.

The primary main assist is close to the $1,600 zone. If there’s a draw back break under $1,600, there may very well be extra losses. The following main assist is close to the $1,565 assist degree. Any extra losses would possibly ship the worth towards the $1,520 degree within the close to time period.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is shedding momentum within the bearish zone.

Hourly RSI – The RSI for ETH/USD is now under the 50 degree.

Main Assist Stage – $1,600

Main Resistance Stage – $1,700



Source link

Tags: EthereumIndicatorsInterestKeyPriceRisingSellingSuggest
Previous Post

Bitcoin Price Signals Bearish Continuation But Bears Losing Strength

Next Post

Can artificial intelligence enable talking to animals – Metaverseplanet.net

Related Posts

Pundit Reveals The Two Things That Will Drive XRP Price To All-Time Highs
Analysis

Pundit Reveals The Two Things That Will Drive XRP Price To All-Time Highs

2 days ago
Ether could extend rally if it closes above k resistance; check forecast
Analysis

Ether could extend rally if it closes above $3k resistance; check forecast

2 days ago
Dogecoin (DOGE) Rockets to alt=
Analysis

Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?

2 days ago
XRP Price Builds Momentum — .50 Break Sparks Fresh Bullish Wave
Analysis

XRP Price Builds Momentum — $2.50 Break Sparks Fresh Bullish Wave

2 days ago
Ethereum Price Spikes To K — Breakout Confirms Bullish Trend
Analysis

Ethereum Price Spikes To $3K — Breakout Confirms Bullish Trend

2 days ago
What next for Bitcoin after hitting a new all-time high? Check forecast
Analysis

What next for Bitcoin after hitting a new all-time high? Check forecast

3 days ago
Next Post
Can artificial intelligence enable talking to animals – Metaverseplanet.net

Can artificial intelligence enable talking to animals – Metaverseplanet.net

Axie Infinity Play-to-Earn Model Raises Concerns in Philippines

Axie Infinity Play-to-Earn Model Raises Concerns in Philippines

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[ccpw id="587"]
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
Contact us for business inquiries: cs@ajoobz.com

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In