Reason to trust
Strict editorial policy which focuses on precision, relevance and impartiality
Created by industry experts and meticulously revised
The highest standards in the declaration and publishing
Strict editorial policy which focuses on precision, relevance and impartiality
Leo football price and a little soft players. Each Arcu Lorem, ultimate all children or, Ultlamcorper football hates.
Ethereum Price began a new drop below $ 2,600 zone. ETH now consolidates losses and could try to recover above the resistance of $ 2,550.
- Ethereum started a new drop below $ 2,580 level.
- The price is negotiated below $ 2,550 and the mobile average at 100 hours.
- There is an increased channel which forms with a support at $ 2,490 on the ETH / USD time table (data flow via Kraken).
- The pair could trigger a new increase if it moves above the resistance zone of $ 2,620 in the short term.
Ethereum Price Eyes Upside Break
Ethereum Price began a new drop below the level of support of $ 2,600, as Bitcoin. The price of the ETH has decreased below the levels of $ 2,550 and $ 2,540.
The Bears even pushed the price below the level of $ 2,500. The pair tested the $ 2,450 area and started a consolidation phase. There was a minor movement above the level of $ 2,520. The price exceeded the level of FIB retracement of 23.6% Moving downwards $ 2,680 swing up to $ 2,456.
Ethereum Price is now negotiated below $ 2,540 and the mobile average at 100 hours. In addition, there is an upright channel that forms with support at $ 2,490 on the ETH / USD time table.
Uplining, the price could face resistance near the level of $ 2,540. The next key resistance is close to the level of $ 2,565. It is close to the FIB retracement level at 50% of the movement down of the $ 2,680 swing at the bottom of $ 2,456. The first major resistance is close to the level of $ 2,620.
A clear decision above the resistance of $ 2,620 could send the price to the resistance of $ 2,660. An upward rupture above the resistance of $ 2,660 could require more gains in future sessions. In the case indicated, ether could increase to the resistance zone of $ 2,720, or even $ 2,800 in the short term.
No more losses in ETH?
If Ethereum fails to erase the resistance of $ 2,565, this could start a new drop. The initial decline support is close to the level of $ 2,490. The first major support is near the $ 2455 area.
A clear decision below $ 2,455 support could push the price to the $ 2,360 support. Other losses could send the price to the level of support of $ 2,320 in the short term. The following key support is at $ 2,250.
Technical indicators
Schedule macD – The MacD for ETH / USD loses its momentum in the lower area.
House – The RSI for ETH / USD is now greater than zone 50.
Major support level – $ 2,455
Major resistance level – $ 2,565
