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  • Ethereum price on Tuesday is trading up with very minor gains of some 0.70%.  
  • ETH/USD bears in very early hours on Tuesday has tested a critical ascending trend line to the downside, but it remained intact.  
  • The price could very easily free-fall down to the pre-February rally levels.  

 

Spot rate:                  134.50

Relative change:       +0.70%

High:                         136.51  

Low:                          129.20

Trends:
       Daily SMA20:  138.54
       Daily SMA50:  125.6
       Daily SMA100:  122.67
       Daily SMA200:  166.72
Levels:
       Previous Daily High:  136.86
       Previous Daily Low:  131.95
       Previous Weekly High:  141.86
       Previous Weekly Low:  123.9
       Previous Monthly High:  167.77
       Previous Monthly Low:  101.12
       Daily Fibonacci 38.2%:  133.83
       Daily Fibonacci 61.8%:  134.98
       Daily Pivot Point S1:  131.4
       Daily Pivot Point S2:  129.23
       Daily Pivot Point S3:  126.5
       Daily Pivot Point R1:  136.3
       Daily Pivot Point R2:  139.03
       Daily Pivot Point R3:  141.2

ETH/USD 60-minute chart

  • A slowdown has been observed at the 38.2% Fibonacci via the 60-minute chart view, proving to be an area of resistance, $135.30-25.

ETH/USD daily chart

  • Price remains within the confinements of a triangular pattern structure, nearing a breakout.