Ethereum (ETHUSD) Technical Analysis today is at 2691.99 and trading appears in a downward trend within the sideways trend as the price of the digital currency is traded under 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 sale process can be carried out from the decline to a price of 2679.22 to target the 2659.37 area and stop loss at 2710.57
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 2710.57 buy zone is broken, the price may head to the 2723.11 area
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 2709.12
- First Resistance: 2702.73
- Pivot Level: 2698.01
- First Support: 2691.62
- Second Support: 2686.9
