• Possible resistance at $ 336.20
• Possible support at $ 311.86
• This week’s highest: $ 487.21
• This weeks lowest: $ 318.55
• Last 1 months highest: $ 487.21
• Last 1 months lowest: $ 318.55
Also Read: ETFs 101: A Beginner’s Guide to ETFs
There is some resistance around $ 336.20, next resistance sits at $ 352.43 and strong support level at $ 311.86 and thereafter at $ 303.75.
There is no major resistance before $ 336.20 and if it crosses resistance, $ 352.43 will be the next strong resistance.
If the resistance of $ 336.20 is crossed, price is likely to move up towards the next resistance at $ 352.43. However, if Ethereum fails to cross this resistance level, the price might move down towards next support levels at $ 311.86. If support of $ 311.86 is crossed, ETH price may move down further to $ 303.75 levels.
Newsherder’s ETH/USD Daily Price & Forecast of September 24, 2020 reveals that downward movement from current levels is expected for Ethereum’s current price with ETH showing strong bearish signals. ETH is expected to keep moving up towards next support level of $ 311.86 and $ 303.75 .