20.6 C
Amsterdam
11 August 2022
PumpMoonshot
Image default
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 price 226.16
Today Daily Change -0.33
Today Daily Change % -0.15
Today daily open 226.49
TRENDS
Daily SMA20 231.32
Daily SMA50 226.41
Daily SMA100 200.41
Daily SMA200 189.62
LEVELS
Previous Daily High 232.1
Previous Daily Low 223.32
Previous Weekly High 249.27
Previous Weekly Low 227.04
Previous Monthly High 253.48
Previous Monthly Low 216.37
Daily Fibonacci 38.2% 226.67
Daily Fibonacci 61.8% 228.75
Daily Pivot Point S1 222.51
Daily Pivot Point S2 218.52
Daily Pivot Point S3 213.72
Daily Pivot Point R1 231.29
Daily Pivot Point R2 236.09
Daily Pivot Point R3 240.07

News Source

Related posts

Ethereum Forecast and Analysis December 30, 2021

PumpMoonshot

Largest Ethereum Whale on Record Launches Altcoin Accumulation Spree As Crypto Markets Nosedive

PumpMoonshot

ETH and DeFi 1.0 Lead the Market as Ethereum 2.0 Merge Narrative Intensifies

PumpMoonshot