Technical Analysis $ETH
General Trend: Sideways with a downtrend (consolidation)
RSI Indicator: at 38 – close to the oversold area
Main Support: $1,500 – if broken, we may see $1,350
Nearby Resistance: $1,650 – then $1,800
Moving Averages: the price is trading below the 50 and 200 day averages, indicating ongoing selling pressure
What is your opinion ?
