Ethereum (ETHUSD) Technical Analysis: Downtrend

Ethereum (ETHUSD) Technical Analysis today at 3163 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 3112 to target the 3052 area and stop the loss at 3241

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 3241 buy zone is broken, the price may head to the 3282 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 3208.44
  • First Resistance: 3180.3
  • Pivot Level: 3156.86
  • First Support: 3128.72
  • Second Support: 3105.28
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