ETH/USD Daily Chart ETH/USD is currently trading for $169.75. The market is prime for a breakout from the triangle formation. The price is trending above the SMA 200, SMA 50, and SMA 20 curves. The signal line and MACD line are converging towards each other very slowly, as the bullish momentum decreases. ETH/USD 4-Hour Chart The squeeze in the 20-day Bollinger band indicates lower market volatility. The 4-hour market is trending below the SMA 20 curve and above the SMA 200 and SMA 50 curves. The Elliot oscillator has six consecutive bearish sessions. 14 out of the last 16 sessions were bearish. ETH/USD Hourly Chart The hourly ETH/USD price found resistance at the green cloud of the Ichimoku Indicator and went down. The nearest support level is at $169.35 from which the market found support and then bounced up. The relative strength index (RSI) indicator is at 45.31. Key Levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next WTI Technical Analysis: Bulls take on the hourly 200-SMA FX Street 3 years ETH/USD Daily Chart ETH/USD is currently trading for $169.75. The market is prime for a breakout from the triangle formation. The price is trending above the SMA 200, SMA 50, and SMA 20 curves. The signal line and MACD line are converging towards each other very slowly, as the bullish momentum decreases. ETH/USD 4-Hour Chart The squeeze in the 20-day Bollinger band indicates lower market volatility. The 4-hour market is trending below the SMA 20 curve and above the SMA 200 and SMA 50 curves. The Elliot oscillator has six consecutive bearish sessions. 14 out of the last 16 sessions… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.