Ethereum (ETHUSD) Technical Analysis at 3456 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 3407 to target the 3340 area and stop the loss at 3538
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 3538 buy zone is broken, the price may head to the 3578 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 3504.06
- First Resistance: 3481.32
- Pivot Level: 3467.07
- First Support: 3444.33
- Second Support: 3430.08
