Ethereum (ETHUSD) Technical Analysis: Ethereum decline

Ethereum (ETHUSD) Technical Analysis today at 2581 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 2552 to target the 2515 area and stop the loss at 2630

Ethereum (ETHUSD) Technical Analysis: On the other hand

On the other hand, if the 2630 buy zone is broken, the price may head to the 2656 area

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 2612.14
  • First resistance: 2599.12
  • Pivot level: 2585.10
  • First support: 2568.74
  • Second support: 2545.80
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