Ethereum (ETHUSD) Technical Analysis today at 2577 and trading appears in an upward trend with signs of weakness. The digital currency price appears to be trading above most of the Moving Average indicator intersections with weakness in the trend, and as for the MACD indicator, it indicates weakness in the positive trend. Accordingly, in the case of buying, we will wait for the price to rise to 2598 to target the 2648 area with a stop loss at 2553.
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, in the case of selling, we will wait for the price to fall to 2553. The price may head to the 2503 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second Resistance: 2630
- First Resistance: 2580
- Pivot Level: 2540
- First Support: 2500
- Second Support: 2460
