- ETH/USD bears remained in control for the second straight day.
- The MACD shows decreasing bullish market momentum.
- William’s %R has dropped below the overbought zone.
ETH/USD daily chart
ETH/USD bears remained in control as the price fell from $243.25 to $240.60. The price is currently consolidating in a pennant formation. The MACD shows decreasing bullish momentum. William’s %R dropped below the overbought zone following bearish price action.
Support and Resistance
ETH/USD faces two strong resistance levels on the upside at $244.25 and $248.68. On the downside, the price has four healthy support levels at $233, SMA 20, $215.50 and SMA 50.
|Today last price||240.71|
|Today Daily Change||-2.59|
|Today Daily Change %||-1.06|
|Today daily open||243.3|
|Previous Daily High||246.54|
|Previous Daily Low||236.15|
|Previous Weekly High||224.81|
|Previous Weekly Low||196.65|
|Previous Monthly High||247.15|
|Previous Monthly Low||176.19|
|Daily Fibonacci 38.2%||240.12|
|Daily Fibonacci 61.8%||242.57|
|Daily Pivot Point S1||237.45|
|Daily Pivot Point S2||231.6|
|Daily Pivot Point S3||227.06|
|Daily Pivot Point R1||247.85|
|Daily Pivot Point R2||252.39|
|Daily Pivot Point R3||258.24|
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