Ethereum (ETHUSD) Technical Analysis today is at 1814.82, and trading appears to be in a bearish trend as the digital currency price is trading below most of the Moving Average crossovers. The MACD indicator indicates a negative trend.
Accordingly, a sell trade can be executed from the decline to 1789.70 to target the 1761.37 area and a stop loss at 1846.37.
Ethereum (ETHUSD) Technical Analysis: On the other hand,
if the 1846.37 buy zone is broken, the price may head towards the 1869.70 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 1821.65
- First Resistance: 1818.3
- Pivot Level: 1814.09
- First Support: 1810.74
- Second Support: 1806.53
