Today’s technical correction loses momentum near $450, daily RSI moves sideways around 40, suggesting that sellers remain in control. $400 looks vulnerable, a decisive break below that level could drag the pair to a fresh 2018 low. Only a daily close above $500 could neutralize the near-term outlook. ETH/USD daily chart Spot rate: 436.75 Relative change: +1% High: 448 Low: 424.70 Trend: Bearish Support 1: 400 (Jun. 29 low/end point of May 5 – June 29 doıwntrend). Support 2: 360 (2018 low). Support 3: 300 (psychological level/horizontal support from Nov. 2017). Resistance 1: 455 (20-DMA). Resistance 2: 500/505 (psychological level/Fibo. 23.6% retracement of May 5 – June 29 downtrend). Resistance 3: 570 (Fibo. 38.2% retracement of May 5 – June 29 downtrend). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next GBP/USD in a minor correction to 200-hr SMA as dollar’s advance runs out of steam FX Street 3 years Today's technical correction loses momentum near $450, daily RSI moves sideways around 40, suggesting that sellers remain in control. $400 looks vulnerable, a decisive break below that level could drag the pair to a fresh 2018 low. Only a daily close above $500 could neutralize the near-term outlook. ETH/USD daily chart Spot rate: 436.75 Relative change: +1% High: 448 Low: … Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
