While Ethereum was hovering on the top of the $ 615 zone, there was still no breakout for ETH as $ 637 put in stubborn resistance. On the contrary, IOTA was trading in a range that ranged from $ 0.288 to $ 0.32 while Dash showed that there could be a slight decline in the coming hours.
Some important levels of interest for ETH were highlighted in the charts. The resistance level at $ 637, the support level at $ 583, and the zone near $ 610 should be the levels to watch out for in the days ahead.
After falling to test the $ 583 support level, ETH quickly rebounded and surged past the $ 610 liquidity pocket. The strong upward momentum behind it could cause the $ 637 move from resistance to support level, setting up ETH for another uptrend.
A rejection at such a resistance level would cause the price to find support in the $ 620 zone, while a close below the highlighted area could cause a move towards $ 583 again.
The OBV showed a significant purchase volume in the past few weeks. Selling periods when the price declined were the OBV slightly down (orange), but the trend was in favor of buyers.
IOTA found solid support at the $ 0.288 level last month, while $ 0.32 was a level that was hotly contested over the same period. In the middle at $ 0.3 the price fluctuated and a move below or above signaled that the above levels should be tested.
At the time of writing, the price was on the way to testing the $ 0.288 support. The RSI hovered around the neutral 50 line for a few hours, except for an upward price hike which was subsequently sold.
Below this support level, another support level for IOTA was at $ 0.265.
DASH fell to $ 87.5 48 hours ago but has rebounded 21% since then, trading at $ 105.7 at the time of writing. Regardless of the volatility of the past few days, it has been a bullish move for the price to regain its psychological $ 100 level.
The price had risen above that too EMA tapes denote short-term bullish momentum behind the coin. And yet the Ingenious oscillator could indicate a bearish double peak building in the coming hours and should be closely monitored.
The formation of a red bar on the AO would signal an impending price decline for DASH.
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