Ethereum (ETHUSD) Technical Analysis: Downward trend

Ethereum (ETHUSD) Technical Analysis today at 2513 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 2494 to target the 2467 area and stop the loss at 2549

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 2549 buy zone is broken, the price may head to the 2567 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 2539.85
  • First resistance: 2528.93
  • Pivot level: 2518.97
  • First support: 2508.05
  • Second support: 2498.09
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