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Wednesday

28 July 2021

Ethereum Price Analysis: ETH Turns Bearish Below $2,200 | Live Bitcoin News

Ethereum Price Analysis: ETH Turns Bearish Below $2,200 | Live Bitcoin News


smart summary beta

ETH price extended its decline and it traded below the key $2,200 support zone.

Any more losses could set the pace for a drop towards the $1,770 support zone in the near term.

Looking at the chart, Ethereum price is clearly trading well below the $2,300 zone and the 55 simple moving average (4-hours).

Overall, ether price could correct higher, but it is likely to face resistance near $2,060 and $2,200.

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