Weekly Technical Analysis of Ethereum Price 23 February Ethereum, like Bitcoin, has kept itself at high levels for the past three days, and does not show a downward spiral.
Ethereum, like Bitcoin, has kept itself at high levels for the past three days, and does not show a downward spiral.
The conditions indicate that buyers do not want to leave the market and buy a little lower prices. This will increase the probability of a price jump to $ 167 or higher. If the price jumps to $ 167, then the possibility of climbing up to $ 183 is gone. Stop loss or emergency sales can be set at $ 125.
From a bullish view, if Ethereum fails to withstand resistance, it's likely to fall to $ 134. At $ 134 a strong support has been closed, which is likely to break short in the short run, but if broken, we can expect a fall of $ 118.