Ethereum sellers are struggling to break the $110.00 support level on Tuesday, despite the third largest cryptocurrencies bearish start to the new trading week. The RSI indicator on the four-hour time frame remains close to oversold, while the Stochastic indicator on the mentioned time frame remains inconclusive at present. A clear break from the $110.00 to $125.00 price range should decide the next directional move in the ETHUSD pair.

The ETHUSD pair is only bullish while trading above the $125.00 level, key resistance is found at the 140.00 and $158.00 levels.

If ETHUSD pair falls under the $110.00 level, key support is found at the $104.00 and 92.00 levels.

- advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.