Ethereum (ETHUSD) Technical Analysis today at 2487 and trading appears in a downward 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 negative trend
Accordingly, the selling process can be carried out from the decline to a price of 2446 to target the 2376 area and stop the loss at 2576
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2576 buy zone is broken, the price may head to the 2621 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2545.28
- First resistance: 2524.62
- Pivot Level: 2505.78
- First Support: 2485.12
- Second Support: 2466.28