Ethereum Price Analysis: ETH Turns Red Below $3,200. Ethereum price is showing bearish signs below $3,200 against the US Dollar.
21 Sep 2021, 08:00
Ethereum Price Analysis: ETH Turns Red Below $3,200
Ethereum price is showing bearish signs below $3,200 against the US Dollar. ETH/USD could resume its decline as long as it is below $3,200.
Ethereum Price AnalysisIn the past few days, ethereum saw a major decline below the $3,600 zone against the US Dollar. ETH price broke the $3,400 support zone and the 55 simple moving average (4-hours).
The price even traded below the $3,200 and $3,150 levels. Finally, the price spiked below the $3,000 support level. The recent low was formed near $2,805 before the price started an upside correction. It broke the $3,000 resistance level.