Ethereum Technical Analysis: ETH/USD extends losses toward critical support area near $400
|- The RSI on the daily chart moves below 40, points to strengthening bearish momentum.
- A break through the critical $400 support could drag the pair to a fresh 2018 low near $360.
Spot rate: 435.45
Relative change: -7.7%
High: 473
Low: 426.84
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: 460 (20-DMA).
Resistance 2: 520 (50-DMA).
Resistance 3: 570 (Fibo. 38.2% retracement of May 5 - June 29 doıwntrend).
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