Ethereum Technical Analysis: ETH/USD trying to stay above $230 and daily EMAs

  • ETH/USD is currently trading at $229.68 trying to close above the daily 12-EMA.
  • Ethereum's buyers will not encounter many resistance levels towards $250 if the bullish momentum continues. 

Ethereum briefly dropped to $226.88 but recovered and it’s currently fighting to stay above the 12-EMA at $229.90 and the 26-EMA at $230.13. Closing above both EMAs is crucial and could signify another bull cross for both indicators.

ETH/USD daily chart


Although Ethereum has been trading inside a daily downtrend for a few days now, bulls will not find a lot of resistance towards the high at $253.47. Besides the current daily EMAs and the high of $232.80 established on July 1, the way is clear. 

As for support, ETH/USD has some support at $224.21, the low established on June 1 followed by the low on June 15 at $218.14 and the last low at $216.37. There is a good amount of support towards $210.

ETH/USD technical levels


Today last price 229.51
Today Daily Change -1.59
Today Daily Change % -0.69
Today daily open 231.1
Daily SMA20 231.87
Daily SMA50 225.88
Daily SMA100 199.53
Daily SMA200 189.2
Previous Daily High 232.81
Previous Daily Low 224.21
Previous Weekly High 249.27
Previous Weekly Low 227.04
Previous Monthly High 253.48
Previous Monthly Low 216.37
Daily Fibonacci 38.2% 229.52
Daily Fibonacci 61.8% 227.5
Daily Pivot Point S1 225.94
Daily Pivot Point S2 220.78
Daily Pivot Point S3 217.35
Daily Pivot Point R1 234.53
Daily Pivot Point R2 237.97
Daily Pivot Point R3 243.12



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