Ethereum is losing value as it moves inside a bearish parallel channel. Where it’s head to?
Ethereum price today is $3,791.05 USD with a 24-hour trading volume of $13,125,195,859 USD. Ethereum is up 1.40% in the last 24 hours, with a market cap of $451,006,003,022 USD. It has a circulating supply of 118,965,873 ETH coins.
Ethereum is slipping: Analysis
Ethereum is tested the support level $3585 today and rising again to the middle line resistance of EMA 20. The next resistance is at EMA 200 above $4000. Ethereum is headed towards to the final support level of 3232, fib 1.618. The combined resistance of EMA might prove a good resistance for Ethereum.