Crypto:
34825
Bitcoin:
$104.759
% 2.31
BTC Dominance:
%64.0
% 0.01
Market Cap:
$3.26 T
% 2.23
Fear & Greed:
52 / 100
Bitcoin:
$ 104.759
BTC Dominance:
% 64.0
Market Cap:
$3.26 T

Ethereum Rejected by Resistance: Eyes on Critical Support!

Ethereum

Ethereum (ETH) has shown increased volatility in recent days. The price climbed above $1,821, reaching the analysts’ target zone near $1,870. However, a sharp rejection from this resistance level sent the price downward again, now testing support at $1,821.


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This zone is crucial for short-term traders. If the price fails to hold above this level, a deeper correction could be on the horizon. Technical indicators suggest growing selling pressure.

ethereum
ETH/USDT pair 4-hour chart.

$1,745 Support Level In Focus

Should Ethereum lose the $1,821 level, the next major support to watch is $1,745. This level previously acted as a strong demand zone, and buyers could step in again. However, unless the broader market shows signs of recovery, the bearish trend may persist.

Traders are advised to be cautious with short-term positions, as $1,821 remains the most critical level for now.


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