ETH market analysis 🚩
Yesterday, the daily line of Ethereum (ETH) slipped from a high of 3765 to a low of 3560, and finally closed at around 3645. The important support area below is near MA14, and investors can consider looking for opportunities to go long near this area. On the top, it faces a pressure level of 3705. The MACD indicator shows that the bullish force is gradually weakening and there is a trend of forming a dead cross
On the four-hour chart, the upper pressure is at MA30, and once it breaks through, it may look to MA14; the lower support is at MA60, and if it falls below this level, it is necessary to pay attention to MA90. At the same time, the MACD short momentum is increasing during this period
