Ethereum (ETHUSD) Technical Analysis: Bearish trading

Ethereum (ETHUSD) Technical Analysis today at 2716 and trading appears in a weak 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 the price of 2700 to target the 2673 area and stop the loss at 2751

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 2751 buy zone is broken, the price may head to the 2769 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 2744.99
  • First Resistance: 2735.52
  • Pivot Level: 2721.55
  • First Support: 2698.11
  • Second Support: 2688.64
Related Articles