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Home»EXCHANGE NEWS»Ether Leeum price is faced with new pressure. Is the failure imminent?
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Ether Leeum price is faced with new pressure. Is the failure imminent?

By Crypto FlexsFebruary 17, 20253 Mins Read
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Ether Leeum price is faced with new pressure. Is the failure imminent?
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This article is also provided in Spanish.

The price of Etherrium is low in the $ 2,800 area. If you fall below the $ 2,650 support area, ETH will get a weak momentum.

  • Ether Lee has begun a new reduction of less than $ 2,720.
  • The price is more than $ 2,700 and a simple moving average of 100 hours.
  • In ETH/USD’s time chart (data feed through KRAKEN), there was a break under the main optimistic trend line with $ 2,680 support.
  • The pair can start upward moving by settling more than $ 2,700 and more than $ 2,720.

Ether Leeum price drops again

Etherrium prices have tried to increase more than $ 2,650, like Bitcoin. ETH broke the $ 2,720 resistance, but could not clean the $ 2,800 resistance area.

The best was $ 2,791 and the price began a new decline. There was a movement below the level of support of $ 2,750 and $ 2,720. The price fell below the $ 2,614 swing to the lowest $ 2,791 height and then returned to the level after 50% FIB.

In addition, with the support of $ 2,680 on the time chart of ETH/USD, there was a break under the main optimistic trend line. The price of Ether Lee is currently being traded below $ 2,700 and less than 100 hours of simplicity.

However, we are currently looking for bidding near the level of 76.4% FIB from $ 2,614 swing to $ 2,791. Conversely, the price seems to be facing obstacles near $ 2,680. The first main resistance is close to $ 2,720.

Source: TradingView.com Ethusd

The main resistance is currently formed near $ 2,780 or $ 2,800. Clear movements above $ 2,800 can be sent to $ 2,880 resistance. The rise of more than $ 2,880 can require more profits in the upcoming session. If specified, the ether can rise to the $ 3,000 resistance zone or $ 3,050 in the short term.

More losses of ETH?

Another reduction can begin if Ether Lee does not eliminate $ 2,720 resistance. The initial support of the shortcomings is close to $ 2,655. The first main support is near $ 2,615.

Under the support of $ 2,615, clear movements can be promoted by $ 2,550. Losss can no longer be priced at $ 2,500 in the short term. The next main support is $ 2,440.

Technical indicator

MACD per hour – MACD of ETH/USD is gaining momentum from the weak zone.

RSI per hour – The RSI of ETH/USD is now lower than Zone 50.

Major support levels -$ 2,650

Main resistance level -$ 2,720

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