Ethereum (ETHUSD) Technical Analysis today at 2286 and trading appears in a downward trend as the price of the digital currency appears to be trading below most of the intersections of the Moving Average indicators, 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 2275 to target the 2258 area and stop the loss at 2297
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 2297, the price may head to the 2316 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 2370
- First resistance: 2320
- Pivot level: 2285
- First support: 2240
- Second support: 2200
