If the ETHUSD fails to regain the current support level at $125, the next support level of $94.5 awaits. The third support level is at $80. If the ETHUSD reaches this support, it will complicate the long-term scenario a lot.
Above the current price, the first resistance is at the price level of $125. The second resistance is between $153 and $155. The third resistance is at $170. If the ETHUSD achieves this level, an attempt at the $180 price zone, where congestion resistance and the SMA100 converge, would be feasible.
The MACD at 240 Minutes continues to cross up even though today's falls have brought the averages together to the maximum. The profile continues to be positive in the short term.
Above the current price, the first resistance is at the price level of $125. The second resistance is between $153 and $155. The third resistance is at $170. If the ETHUSD achieves this level, an attempt at the $180 price zone, where congestion resistance and the SMA100 converge, would be feasible.
The MACD at 240 Minutes continues to cross up even though today's falls have brought the averages together to the maximum. The profile continues to be positive in the short term.