Ethereum (ETHUSD) Technical Analysis today is at 2729.90 and trading appears in a weak upward trend as the price of the digital currency is trading under most of the intersections of the Moving Average indicators.
and as for the MACD indicator, it indicates the emergence of a weak positive trend
Accordingly, the purchase process can be carried out from the rise to the price of 2747.55 to target the area of 2771.39 and stop loss at 2698.59
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the selling area of 2698.59 is broken.
the price may head to the area of 2682.46
Ethereum (ETHUSD) Technical Analysis : Resistance and Support Levels
- Second Resistance: 2775.31
- First Resistance: 2751.06
- Pivot Level: 2738.28
- First Support: 2714.03
- Second Support: 2701.25