Ethereum (ETHUSD) Technical Analysis today is at 2648.11 and trading appears in a downward trend as the price of the digital currency is trading above most of the intersections of the Moving Average indicators, and as for the MACD indicator, it indicates the emergence of a weak negative trend
Accordingly, the purchase process can be carried out from the rise to the price of 2703.10 to target the area of 2769.52 and stop loss at 2573.96
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the selling area of 2573.96 is broken.
the price may head to the area of 2518.61
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 2669.41
- First Resistance: 2663.18
- Pivot Level: 2654.28
- First Support: 2648.05
- Second Support: 2639.15
