Ethereum (ETHUSD) Technical Analysis today at 2587 and trading appears in 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 a negative trend
Accordingly, the selling process can be carried out from the decline to a price of 2550 to target the 2494 area and stop the loss at 2645
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2645 buy zone is broken, the price may head to the 2680 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2602.09
- First resistance: 2591.13
- Pivot level: 2584.03
- First support: 2573.07
- Second support: 2565.97