ETH Comeback To Test $125– Downtrend below $144 support area found in ETH price against USD. The pair dipped below the $112 level and tested the $110-$111 support area and bounced back. The price traded above the $112, $114 and $116 resistance levels. The price found a break above the 50% Fib retracement level from the recent decline from $124 high. Global xchange.
Global exchange. From the above chart, ETH price bounced back from $110 – $111 support area. Therefore, the pair must cross the $119, $120 and $122 resistance levels to remain in a positive zone. On the other hand, price trading back might go up to $114 support level. Global X change. MACD for the pair is slowly moving in the bearish zone and RSI is placed above the 50 – 55 level.
Comments
Post a Comment