Ethereum (ETHUSD) Technical Analysis today is at 1844.18, and trading appears to be in a bearish trend as the digital currency price is trading below most of the Moving Average indicators. The MACD indicator indicates a negative trend.
Accordingly, a sell trade can be executed from the decline to 1819.81 to target the 1777.00 area and a stop loss at 1884.80.
Ethereum (ETHUSD) Technical Analysis: On the other hand,
if the 1884.80 buy zone is broken, the price may head towards the 1916.25 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 1872.17
- First Resistance: 1862.08
- Pivot Level: 1846.19
- First Support: 1836.1
- Second Support: 1820.21
