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Crypto & Bitcoin

Ethereum Price Holds Major Floor as Bulls Fight Back

Reported by Kosta Gushterov, Coindoo

Image: Coindoo

Key Takeaways ETH got back above a trendline from 2021. 200-day SMA and 0.500 Fib held the drop. Resistance stacks near $2,500 on both timeframes. Daily RSI hooked up from near 30. ETH traded at $2,269 at 16:48 UTC on Sunday, up about 0.6%, or $13, on the day, according to the Binance ETH/USDT chart . Zoom out: a line drawn in 2021 On the monthly chart, a rising blue trendline starts in early 2021 near $750 to $800.

This is an excerpt. The reporting belongs to Coindoo.

Read the full report on coindoo.com
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