The Ethereum daily line rose from a low of around 3355 to a high of around 3520 yesterday, closing near 3495. The support level is near MA30.
If it breaks down, it could look towards around 3290. A pullback could allow for buying near that level. The resistance level is near 3625; if broken, it could look towards around 3740. A rebound near that level could allow for shorting. MACD indicates increasing bearish momentum.
On the four-hour chart, the support level is near MA14; if broken, it could look towards around 3380. A pullback could allow for buying near that level. The resistance level is near MA30; if broken, it could look towards MA90. A rebound near that level could allow for shorting. MACD indicates increasing bullish momentum, forming a golden cross.
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