Ethereum (ETHUSD) Technical Analysis today is at 2400.26 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 selling process can be carried out from the decline to a price of 2375.24 to target the 2335.07 area and stop loss at 2453.22
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2453.22 buy zone is broken, the price may head to the 2486.31 area
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 2473.64
- First Resistance: 2451.98
- Pivot Level: 2438.28
- First Support: 2416.62
- Second Support: 2402.92
