Coinidol.com: Ethereum Struggles Below the $1,850 Barrier

ETH buyers have made three unsuccessful attempts to push the price above $1,800.

Today, the ETH price has rebounded above the $1,700 low after rejection at the $1,850 high. Buyers remain active as the price finds support and continues to trade sideways above $1,700. On the downside, if sellers break through the current support around $1,700, Ether could fall back towards its key support zone above $1,500. Ether price is at $1,779 at the time of writing.

Resistance Levels: $3,500 and $4,000

Support Levels: $2,000 and $1,500

However, the upward movement has been halted by the $1,850 barrier, suggesting that Ether will remain within its current trading range.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.