Ethereum (ETHUSD) Technical Analysis today is at 2645.99 and trading appears in a downtrend 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 the emergence of a negative trend
Accordingly, the purchase process can be carried out from the rise to the price of 2695.41 to target the 2775.65 area and stop the loss at 2552.75
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the selling area of 2552.75 is broken, the price may head to the 2490.34 area
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 2668.29
- First Resistance: 2661.3
- Pivot Level: 2654.7
- First Support: 2647.71
- Second Support: 2641.11