Ethereum (ETHUSD) Technical Analysis: Bearish trading

Ethereum (ETHUSD) Technical Analysis today at 2662 and trading appears in a weak downward trend as the price of the digital currency is trading above most of the intersections of the Moving Average indicators, and as for the MACD indicator, it indicates a weak negative trend

Accordingly, the selling process can be carried out from the decline to a price of 2633 to target the 2584 area and stop the loss at 2720

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 2720 buy zone is broken, the price may head to the 2752 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 2692.15
  • First Resistance: 2679.80
  • Pivot Level: 2662.38
  • First Support: 2652.45
  • Second Support: 2638.88
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