Ethereum (ETHUSD) Technical Analysis today is at 1920.09, and trading appears to be in a weak downtrend as the digital currency price is trading above most of the Moving Average indicator crossovers. The MACD indicator indicates a weak negative trend.
Accordingly, a buy trade can be executed from the upward price to 1936.31 to target the 1966.05 area and a stop loss at 1882.78.
Ethereum (ETHUSD) Technical Analysis: On the other hand,
if the 1882.78 sell zone is broken, the price may head towards the 1861.96 area.
Ethereum (ETHUSD) Technical Analysis: Resistance and Support Levels
- Second Resistance: 1932.41
- First Resistance: 1923.46
- Pivot Level: 1916.04
- First Support: 1907.09
- Second Support: 1899.67
