Ethereum (ETHUSD) Technical Analysis today at 2575 and trading appears in a sideways trend as the digital currency price trading shows weakness in most of the Moving Average indicator’s intersections, and as for the MACD indicator, it indicates weakness in the negative trend
Accordingly, in the case of selling, we will wait for the price to drop to 2560 to target the 2500 area and stop the loss at 2610.
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, in the case of buying, we will wait for the price to rise to 2610, the price may head to the 2670 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2720.00
- First Resistance: 2680.10
- Pivot Level: 50.2662
- First Support: 2640.10
- Second Support: 2600.00
