Home Ethereum Technical  Analysis: ETH/USD in serious trouble, as price crashes to lowest level since July 2017
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Ethereum Technical  Analysis: ETH/USD in serious trouble, as price crashes to lowest level since July 2017

  • Ethereum price on Monday was in firm control by the bears, nursing chunky losses of over 3.5%.
  • ETH/USD has crashed to the lowest levels since July 2017, as crisis continues across the crypto market.

 

 

ETH/USD daily chart


 

Spot rate:                    188.31

Relative change:        -3.89%

High:                           202.77

Low:                            187.75

 

Trend:                         Bearish

 

Support 1:                   176.95, 28th July 2017 low.

Support    2:                  138.71,15th July 2017 low.

Support    3:                  110.43,  26th May 2017 low.

Resistance 1:             237.50, resistance on daily chart.

Resistance 2:             245.00, supply zone.

Resistance 3:             315.00, resistance on daily chart.

 

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