Ethereum (ETHUSD) Technical Analysis: Downtrend

Ethereum (ETHUSD) Technical Analysis today is at 3061.34 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 3091.25 to target the area of ​​3134.13 and stop loss at 3241.03

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the selling area of ​​3014.51 is broken.

the price may head to the area of ​​2980.65

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis : Resistance and Support Levels

  • Second Resistance: 3089.37
  • First Resistance: 3070.87
  • Pivot Level: 3061.43
  • First Support: 3042.93
  • Second Support: 3033.49
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