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ETHUSD Blasts Past $2000 Milestone — Following Bitcoin’s Lead, Bulls Charge Toward $2380–$2500

Following Bitcoin, ETHUSD trades over $2000. After peaking yesterday at $2148, it is now trading at about $2055.

 

Technicals

CMP -$2056

Trend

1- Hour chart

Value

 

 

55 EMA

$1981

CMP > 55 EMA

Bullish

200- EMA

$1956

CMP > 200- EMA

Bullish

365- EMA

$2005

CMP >365 EMA

Bulllish

 

 

Major support- $1700/$1500. Minor bullishness only above $2050. Any violation above targets $2300/$2380/$2500.

 

Momentum indicator (1-hour chart)

Inference

Value

CCI(50)

Bullish

87

ADX

Neutral

 

 

 

It is good to buy on dips around $2000 with SL around $1800 for a TP of $2380/$2500.

 

 

 

 

 

 

 

 

 

 

 

 

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