Ethereum Price Analysis: ETH/USD tries to consolidate above $230 following Wednesday’s bloodbath
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ETH/USD bears have managed to stay in control for the third straight day. The price has dropped slightly from $234.53 to $234.47, as ETH/USD continue

  • ETH/USD bears have managed to stay in control for the third straight day.
  • William’s %R has dropped from the overbought zone onto the neutral zone.
  • ETH/USD bears have managed to stay in control for the third straight day.
  • ETH/USD bears have managed to stay in control for the third straight day.
  • William’s %R has dropped from the overbought zone onto the neutral zone.
  • William’s %R has dropped from the overbought zone onto the neutral zone.

    ETH/USD daily chart

    ETH/USD daily chart

    ETH/USD daily chartETH/USD daily chart

    ETH/USD bears have managed to stay in control for the third straight day. The price has dropped slightly from $234.53 to $234.47, as ETH/USD continues consolidation above the $230-level. William’s %R has fallen from the edge of the overbought zone to the neutral territory, where it is currently trending horizontally. Finally, the Elliott Oscillator shows four straight green sessions, despite recent bearish price actions.

    $234.53 to $234.47

    Support and Resistance

    ETH/USD has two strong resistance levels at $242.80 and $248.15. On the downside, we have healthy resistance at $237.70 (SMA 20), $231, $227.80 and $222.25 (SMA 50).

    resistance$242.80 and $248.15$237.70 (SMA 20), $231, $227.80 and $222.25 (SMA 50)

    Key levels

    ETH/USD

    Overview
    Today last price 234.29
    Today Daily Change -0.25
    Today Daily Change % -0.11
    Today daily open 234.54
     
    Trends
    Daily SMA20 237.05
    Daily SMA50 221.97
    Daily SMA100 192.58
    Daily SMA200 186.36
     
    Levels
    Previous Daily High 249.27
    Previous Daily Low 230.78
    Previous Weekly High 238.59
    Previous Weekly Low 218.14
    Previous Monthly High 247.15
    Previous Monthly Low 176.19
    Daily Fibonacci 38.2% 237.84
    Daily Fibonacci 61.8% 242.2
    Daily Pivot Point S1 227.13
    Daily Pivot Point S2 219.71
    Daily Pivot Point S3 208.64
    Daily Pivot Point R1 245.61
    Daily Pivot Point R2 256.68
    Daily Pivot Point R3 264.1

     

    ETH/USD

    Overview
    Today last price 234.29
    Today Daily Change -0.25
    Today Daily Change % -0.11
    Today daily open 234.54
     
    Trends
    Daily SMA20 237.05
    Daily SMA50 221.97
    Daily SMA100 192.58
    Daily SMA200 186.36
     
    Levels
    Previous Daily High 249.27
    Previous Daily Low 230.78
    Previous Weekly High 238.59
    Previous Weekly Low 218.14
    Previous Monthly High 247.15
    Previous Monthly Low 176.19
    Daily Fibonacci 38.2% 237.84
    Daily Fibonacci 61.8% 242.2
    Daily Pivot Point S1 227.13
    Daily Pivot Point S2 219.71
    Daily Pivot Point S3 208.64
    Daily Pivot Point R1 245.61
    Daily Pivot Point R2 256.68
    Daily Pivot Point R3 264.1

    ETH/USD

    Overview
    Today last price 234.29
    Today Daily Change -0.25
    Today Daily Change % -0.11
    Today daily open 234.54
     
    Trends
    Daily SMA20 237.05
    Daily SMA50 221.97
    Daily SMA100 192.58
    Daily SMA200 186.36
     
    Levels
    Previous Daily High 249.27
    Previous Daily Low 230.78
    Previous Weekly High 238.59
    Previous Weekly Low 218.14
    Previous Monthly High 247.15
    Previous Monthly Low 176.19
    Daily Fibonacci 38.2% 237.84
    Daily Fibonacci 61.8% 242.2
    Daily Pivot Point S1 227.13
    Daily Pivot Point S2 219.71
    Daily Pivot Point S3 208.64
    Daily Pivot Point R1 245.61
    Daily Pivot Point R2 256.68
    Daily Pivot Point R3 264.1

    ETH/USD

    Overview
    Today last price 234.29
    Today Daily Change -0.25
    Today Daily Change % -0.11
    Today daily open 234.54
     
    Trends
    Daily SMA20 237.05
    Daily SMA50 221.97
    Daily SMA100 192.58
    Daily SMA200 186.36
     
    Overview
    Today last price 234.29
    Today Daily Change -0.25
    Today Daily Change % -0.11
    Today daily open 234.54
    Overview Overview Overview Today last price 234.29 Today Daily Change -0.25 Today Daily Change % -0.11 Today daily open 234.54 Today last price 234.29 Today last price234.29234.29 Today Daily Change -0.25 Today Daily Change-0.25-0.25 Today Daily Change % -0.11 Today Daily Change %-0.11-0.11 Today daily open 234.54 Today daily open234.54234.54
     
    Trends
    Daily SMA20 237.05
    Daily SMA50 221.97
    Daily SMA100 192.58
    Daily SMA200 186.36
    Trends Trends Trends Daily SMA20 237.05 Daily SMA50 221.97 Daily SMA100 192.58 Daily SMA200 186.36 Daily SMA20 237.05 Daily SMA20237.05237.05 Daily SMA50 221.97 Daily SMA50221.97221.97 Daily SMA100 192.58 Daily SMA100192.58192.58 Daily SMA200 186.36 Daily SMA200186.36186.36
     
    Levels
    Previous Daily High 249.27
    Previous Daily Low 230.78
    Previous Weekly High 238.59
    Previous Weekly Low 218.14
    Previous Monthly High 247.15
    Previous Monthly Low 176.19
    Daily Fibonacci 38.2% 237.84
    Daily Fibonacci 61.8% 242.2
    Daily Pivot Point S1 227.13
    Daily Pivot Point S2 219.71
    Daily Pivot Point S3 208.64
    Daily Pivot Point R1 245.61
    Daily Pivot Point R2 256.68
    Daily Pivot Point R3 264.1
    Levels
    Previous Daily High 249.27
    Previous Daily Low 230.78
    Previous Weekly High 238.59
    Previous Weekly Low 218.14
    Previous Monthly High 247.15
    Previous Monthly Low 176.19
    Daily Fibonacci 38.2% 237.84
    Daily Fibonacci 61.8% 242.2
    Daily Pivot Point S1 227.13
    Daily Pivot Point S2 219.71
    Daily Pivot Point S3 208.64
    Daily Pivot Point R1 245.61
    Daily Pivot Point R2 256.68
    Daily Pivot Point R3 264.1
    Levels Levels Levels Previous Daily High 249.27 Previous Daily Low 230.78 Previous Weekly High 238.59 Previous Weekly Low 218.14 Previous Monthly High 247.15 Previous Monthly Low 176.19 Daily Fibonacci 38.2% 237.84 Daily Fibonacci 61.8% 242.2 Daily Pivot Point S1 227.13 Daily Pivot Point S2 219.71 Daily Pivot Point S3 208.64 Daily Pivot Point R1 245.61 Daily Pivot Point R2 256.68 Daily Pivot Point R3 264.1 Previous Daily High 249.27 Previous Daily High249.27249.27 Previous Daily Low 230.78 Previous Daily Low230.78230.78 Previous Weekly High 238.59 Previous Weekly High238.59238.59 Previous Weekly Low 218.14 Previous Weekly Low218.14218.14 Previous Monthly High 247.15 Previous Monthly High247.15247.15 Previous Monthly Low 176.19 Previous Monthly Low176.19176.19 Daily Fibonacci 38.2% 237.84 Daily Fibonacci 38.2%237.84237.84 Daily Fibonacci 61.8% 242.2 Daily Fibonacci 61.8%242.2242.2 Daily Pivot Point S1 227.13 Daily Pivot Point S1227.13227.13 Daily Pivot Point S2 219.71 Daily Pivot Point S2219.71219.71 Daily Pivot Point S3 208.64 Daily Pivot Point S3208.64208.64 Daily Pivot Point R1 245.61 Daily Pivot Point R1245.61245.61 Daily Pivot Point R2 256.68 Daily Pivot Point R2256.68256.68 Daily Pivot Point R3 264.1 Daily Pivot Point R3264.1264.1

     


     


    From: FXSTREET