Ethereum price maintains support at $3,500.
🏛️ Against the dollar, #Ethereum is relatively resilient. Indeed, #BTC fell around $64,000, and the price of Ethereum retains support around $3,500. The price being in a generally #haussière dynamic for several months, it could rebound on the double support with the presence of the moving averages 9 and 18 trending upwards:
🟢 In the event of a rebound, the price could reach the psychological round number at $4,000. And to continue the upward trend in place since the start of 2023, buyers will need to push and the price to close beyond the last peak at $4,100. On the other hand, if BTC continues to fall, #ETH could lose support at $3,500. In this case, ETH could fall towards the next strong support at $3,100.
🟢 The RSI must develop above 66 to find ascending lows and highs. This would be a sign that buyers are once again controlling the momentum.