Ethereum (ETHUSD) Technical Analysis today at 2575 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 2556 to target the 2518 area and stop the loss at 2590.
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2590 buy zone is broken, the price may head to the 2626 area
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
