- Possible resistance at $ 228.7
- Possible support at $ 223.05
- This week’s highest: $ 239.44
- This weeks lowest: $ 219.47
- Last 1 months highest: $ 252.22
- Last 1 months lowest: $ 219.47
There is some resistance around $ 228.7 and the next resistance sits at $ 231.6
There is no major resistance before $228.7 and if it crosses resistance, $ 231.6 will be the next strong resistance.
If resistance of $228.7 is crossed, price is likely to move towards $231.6 levels and further to target resistance level of $234.35. However, if Ethereum fails to cross this resistance level, the price might move down towards next support levels at $223.05. If support of $223.05 is crossed, Ethereum price is likely to fall below to $220.3 level.
Newsherder’s ETH/USD Daily Price & Forecast of June 1, 2020 reveals that upwards movement from current levels is expected for Ethereum’s current price with ETH showing bullish signals. ETH is expected to move upwards towards $228.7 and further to $231.6 resistance levels.