Ethereum (ETHUSD) Technical Analysis today at 2320 and trading appears in a weak upward trend. Enter the sideways trend as the price of the digital currency is trading under most of the intersections of the Moving Average indicators, and as for the MACD indicator, it indicates a weak positive
Accordingly, the purchase process can be carried out from the rise to the price of 2349 to target the 2378 area and stop the loss at 2288
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the selling area of 2288 is broken, the price may head to the 2264 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2375.7
- First Resistance: 2352.31
- Pivot Level: 2340.61
- First Support: 2317.22
- Second Support: 2305.52