Ethereum (ETHUSD) Technical Analysis: Downtrend

Ethereum (ETHUSD) Technical Analysis today is at 3156.22 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 3132.62 to target the 3102.93 area and stop loss at 3192.00

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 3192.00 buy zone is broken, the price may head to the 3213.88 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels

  • Second Resistance: 3196.76
  • First Resistance: 3182.91
  • Pivot Level: 3167.29
  • First Support: 3153.44
  • Second Support: 3137.82
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