ETH/USD Clears April High as RSI Holds in Overbought Territory
ETH/USD consolidates after taking out the April high ($2133) while the Relative Strength Index (RSI) holds in overbought territory.
ETH/USD Outlook
ETH/USD struggles to extend the series of higher highs and lows from last week as it pulls back from a fresh yearly high ($2136), with a close below $2051 (50% Fibonacci extension) raising the scope for a move towards the $1908 (61.8% Fibonacci extension) to $1926 (38.2% Fibonacci extension) region.
Next area of interest comes in around $1771 (23.6% Fibonacci extension), but the overbought reading in the RSI may accompany a further advance in ETH/USD like the price action from earlier this year.
A move above the yearly high ($2136) opens up the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) area, with the next region of interest coming in around $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension).
ETH/USD Outlook
ETH/USD struggles to extend the series of higher highs and lows from last week as it pulls back from a fresh yearly high ($2136), with a close below $2051 (50% Fibonacci extension) raising the scope for a move towards the $1908 (61.8% Fibonacci extension) to $1926 (38.2% Fibonacci extension) region.
Next area of interest comes in around $1771 (23.6% Fibonacci extension), but the overbought reading in the RSI may accompany a further advance in ETH/USD like the price action from earlier this year.
A move above the yearly high ($2136) opens up the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) area, with the next region of interest coming in around $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension).
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.