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Ethereum : Weekly support near the level of 3300

Ethereum : Weekly support near the level of 3300

  • Buying activity has accelerated in the Ethereum network. ETH tested its lower mid range and support trend line.
  • Important support zone near the level of 3300.
  • On 4 hourly chart, ETH touched its support level of downward channel. Also ETH taking support of 30 days moving average.
  • Tested 61.8% level zone of Fibonacci.
  • Intraday resistance placed near the level of 3420, if crossed then next can be 3650.