While Ethereum has moved higher from the $ 615 area, there has not yet been a breakout for ETH as $ 637 has posed stubborn resistance. On the contrary, IOTA traded in a range of $ 0.288 to $ 0.32, while Dash has shown that it could be on the verge of a slight dip in the coming hours.
Ethereum [ETH]
Source: ETH / USD on TradingView
Some significant interest levels for ETH have been highlighted on the charts. The resistance level at $ 637, the support level at $ 583 and the nearby $ 610 area would likely be the levels to watch in the coming days.
After falling to test the support level of $ 583, ETH rebounded quickly and broke through the $ 610 liquidity pocket. The strong bullish momentum behind this could see the $ 637 shift from the resistance level to the support level and set ETH up for another upward move.
A rejection at such a resistance level would see the price find support around the $ 620 area, while a close below the highlighted area could see movement towards $ 583 again.
The OBV shows a significant purchase volume over the past few weeks. The selling periods that saw the price decline saw theOBV slightly lower (orange), but the trend is in favor of buyers.
IOTA
Source: IOTA / USD on TradingView
IOTA found strong support at the $ 0.288 level over the past month, while $ 0.32 was a much contested level during the same time frame. The midpoint at $ 0.3 saw the price fluctuate on this and a move below or above indicated that the aforementioned levels were about to be tested.
At the time of writing, the price was heading towards the test of the $ 0.288 support. RSI hovered around the neutral 50 line within hours except for an upward price spike which was subsequently sold off.
Below that level of support, another level of support stood at $ 0.265 for IOTA.
Hyphen [DASH]
Source: DASH / USDT on TradingView
DASH fell to $ 87.5 48 hours ago, but it had since recovered by 21% and was trading at $ 105.7, at the time of writing. Despite the volatility of the last few days, this was a bullish move for the price to recover to the psychological level of $ 100 again.
The price had also increased beyond the EMA tape to denote the short-term bullish momentum behind the coin. And yet the Awesome oscillator could indicate a double bearish peak in the next few hours and should be watched closely.
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