Ethereum (ETHUSD) Technical Analysis today is at 2035.10, and trading appears to be in an upward trend as the digital currency price is trading above most of the Moving Average indicator intersections. The MACD indicator indicates a positive trend.
Accordingly, a buy trade can be executed from the rise to 2055.13 to target the 2076.90 area, with a stop loss at 2010.31.
Ethereum (ETHUSD) Technical Analysis: On the Other Side
On the other hand, if the 2010.31 sell zone is broken, the price may head towards the 1993.66 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 2061.09
- First Resistance: 2043.66
- Pivot Level: 2031.67
- First Support: 2014.24
- Second Support: 2002.25
