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Ethereum

Ethereum Price Analysis: ETH/USD bears take price below the SMA 50

  • ETH/USD bears have managed to stay in control for the second straight day.
  • The MACD shows that market momentum has been consistently bearish.

ETH/USD daily chart

ETH/USD daily chart

ETH/USD bears stayed in control for the second straight day as the price fell from $226.50 to $226.30 this Friday. In the process, ETH/USD has managed to drop below the SMA 50 curve. The MACD shows that the overall market momentum has been consistently bearish.

Support and Resistance

ETH/USD faces strong resistance levels at $227 (SMA 50), $230.75 (SMA 20), $238 and $247.70. On the downside, healthy support lies at $230.35 and $214.25

Key Levels

ETH/USD

OVERVIEW
Today last price226.16
Today Daily Change-0.33
Today Daily Change %-0.15
Today daily open226.49
TRENDS
Daily SMA20231.32
Daily SMA50226.41
Daily SMA100200.41
Daily SMA200189.62
LEVELS
Previous Daily High232.1
Previous Daily Low223.32
Previous Weekly High249.27
Previous Weekly Low227.04
Previous Monthly High253.48
Previous Monthly Low216.37
Daily Fibonacci 38.2%226.67
Daily Fibonacci 61.8%228.75
Daily Pivot Point S1222.51
Daily Pivot Point S2218.52
Daily Pivot Point S3213.72
Daily Pivot Point R1231.29
Daily Pivot Point R2236.09
Daily Pivot Point R3240.07

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