Ethereum (ETHUSD) Technical Analysis: today at 3977 and trading appears at the beginning of an uptrend as the price of the digital currency is trading above most of the Moving Average indicators intersections, 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 4031 to target the 4118 area and stop the loss at 3856
Ethereum (ETHUSD) Technical Analysis: On the other hand
On the other hand, if the 3856 selling area is broken, the price may head to the 3791 area
Ethereum (ETHUSD) Technical Analysis: Resistance and support levels
- Second resistance: 4010.11
- First Resistance: 3997.66
- Pivot Level: 3979
- First Support: 3966.55
- Second Support: 3947.89