Ethereum (ETHUSD) Technical Analysis : Ethereum Falls

Ethereum (ETHUSD) Technical Analysis today at 2498 and shows a bearish trend. Where the digital currency price appears to be trading below most of the Moving Average indicators intersections, and as for the MACD indicator, it indicates a negative trend.

Accordingly, in the case of selling, we will wait for the price to drop to 2468 to target the 2425 area with a stop loss at 2554.

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 the resistance area of ​​2554. The price may head to the 2585 area.

Ethereum (ETHUSD) Technical Analysis

Ethereum (ETHUSD) Technical Analysis: Resistance and support levels

  • Second resistance: 2530.93
  • First resistance: 2516.56
  • Pivot level: 2505.18
  • First support: 2479.43
  • Second support: 2465.06
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