EthereumUnable to maintain its upward trend as it failed to break through the resistance level of $1630.If we sayEtherIf the price does not exceed the level of $1630, there may be a downward movement, reaching support levels of $1566, $1557, and $1548
- EthereumUnable to maintain its upward trend as it failed to break through the resistance level of $1630.
- If we sayEtherIf the price does not exceed the level of $1630, there may be a downward movement, reaching support levels of $1566, $1557, and $1548.
- If ETH prices encounter strong buying reactions at these support levels, it can continue to move towards prices of $1630 and $1700, triggering an upward trend in the region.
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Medium to Long Term ETH Analysis
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However, if the ETH price drops below the $1549 level before reaching $1700, it is likely to continue to move downwards to the $1448 level.
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If the resistance level of $1630 cannot be reached, ETH investors should carefully monitor and analyze the support level mentioned in the article.
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