Home Ethereum Technical  Analysis: ETH/USD hit hard towards the latter stages of trading, as price at risk of reversing this week’s gains
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Ethereum Technical  Analysis: ETH/USD hit hard towards the latter stages of trading, as price at risk of reversing this week’s gains

  • Ethereum has come under pressure towards to late part of Thursday’s session, down over 3%.
  • ETH/USD at risk of a full reversal, in terms of gains made this week.  

 

ETH/USD 30-minute chart

 

Spot rate:                    465.12

Relative change:         -2.90%

High:                           484.36

Low:                            463.00

 

Trend:                          Neutral/Bearish

 

Resistance  1:             477.10, supply zone.  

Resistance 2:              478.80, 50MA.  

Resistance 3:             488.00, 100MA.

Support 1:                  462.50, demand zone.

Support 2:                  451.50, (support on 30-minute chart).

Support 3:                  445.62, demand zone.  

 

 

 

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