Ethereum (ETHUSD) Technical Analysis today at 2622 and trading appears in a downward trend 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 a negative trend
Accordingly, the selling process can be carried out from the decline to a price of 2606 to target the 2587 area and stop the loss at 2643
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2643 buy zone is broken, the price may head to the 2656 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2638.92
- First resistance: 2631.85
- Pivot level: 2619.93
- First support: 2612.86
- Second support: 2600.94