The Ether daily chart yesterday rose from a low of around 4400 to a high of around 4615, closing at around 4590. The support level is near MA30; if it breaks down, we can look for a level around 4325. A pullback can be used to enter long positions nearby. The resistance level is at around 4705; if it breaks through, we can look for a level around 4835. A rebound to nearby levels can be used to enter short positions. The MACD is showing a flat oscillation with dual lines converging. The four-hour support level is near MA14; if it breaks down, we can look for a level around MA200. A pullback can be used to enter long positions nearby. The resistance level is at around 4670; if it breaks through, we can look for a level around 4760. A rebound to nearby levels can be used to enter short positions. The MACD shows an increase in long positions, forming a golden cross pattern.

ETH0.69%
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