Ethereum (ETHUSD) Technical Analysis today at 2427 and trading appears in a weak downward trend as the price of the digital currency is traded under most of the intersections of the Moving Average indicators, and as for the MACD indicator, it indicates a weak negative
Accordingly, the selling process can be carried out from the decline to a price of 2400 to target the 2358 area and stop the loss at 2487
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2487 buy zone is broken, the price may head to the 2515 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2481.05
- First resistance: 2459.69
- Pivot level: 2427.43
- First support: 2406.07
- Second support: 2373.81