06.09.202409:29 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Ethereum Cryptocurrency, Friday September 06, 2024.

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With the appearance of deviations between the price movement of the Ethereum cryptocurrency and the MACD Histogram indicator, Ethereum has the potential to correct and strengthen up to the Bearish Fair Value Gap area level, but as long as it does not break above the 2445.46 level, Ethereum still has the potential to weaken again down to the 2356.58 level as its main target and if the momentum and volatility support it, 2307.01 will be the next target to be aimed for.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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