Ethereum (ETHUSD) Technical Analysis today at 2447 and trading appears at the beginning of a bearish 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 the beginning of a negative trend
Accordingly, the sale process can be carried out from the decline to a price of 2421 to target the 2378 area and stop the loss at 2493
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2493 buy zone is broken, the price may head to the 2522 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2476.32
- First Resistance: 2461.64
- Pivot Level: 2453.04
- First Support: 2438.36
- Second Support: 2429.76
