It seems to need a break UPDATEETH is showing positive signs above $ 202 and $ 200 support, and is likely to be close to $ 220 and $ 225 in the near future.
ETH has good sales at $ 202 and $ 200 support. The price is currently trying to break the upward trend above $ 207 and the average 100-hour simple move.
There is a downtrend with the resistance at around $ 207, which seems to be falling sharply above $ 207 and $ 210.
ETH prices could rise sharply
In the past few days, ETH has risen above $ 200 and has risen to a critical and sensitive $ 210, trying to continue above $ 212, and is expected to be close to $ 212. There is now a break below the $ 210 level and an average 100-hour fast move.
Today, Bulls defended a key $ 202 support area. ETH also gained support from $ 195 to $ 212 near an upward movement.
ETH is currently on the rise, testing the $ 207 resistance. If the ETH rises above the $ 207 and $ 210 resistance levels, Bulls are likely to take full control.
The immediate and strong resistance is near the $ 212 level, above which the Bulls are likely to test the $ 220 level. Any further gains could open the door for a $ 225 move or a $ 230 resistance zone in the short term.
ETH can also be downgraded if it tries to move above $ 210 or $ 212. Initial support is close to the $ 205 level, and the first major support is near $ 202 and $ 200.
In order to predict the pessimism of ETH , we can consider the downward trend near $ 195, which if the price goes down to $ 195, there is a possibility of further reduction to the support level of $ 182 and $ 180.
Compared to yesterday, ETH is trading at around $ 207, with a one percent drop in price, and is in the red.
