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Wednesday

23 June 2021

TA: Ethereum Revisits $2,400, Here’s What Could Trigger More Downsides

TA: Ethereum Revisits $2,400, Here’s What Could Trigger More Downsides


smart summary beta

ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550.

There was a break below the $2,580 and $2,550 support levels.

Besides, there a break below a key rising channel with support near $2,520 on the hourly chart of ETH/USD.

The first major resistance is near the $2,550 level and the 100 hourly simple moving average.

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