Ethereum, the second largest cryptocurrency by market capitalization has corrected lower after bulls failed to hold price above the $500 resistance level.
The ETH/USD pair has slipped below the key $482 support level, and the sentiment surrounding Ethereum remains bearish while trading below this key level. Sellers will target the $440 support level, while bulls will try to push price back above the key $482 resistance level.
The ETHUSD pair is intraday bearish while trading below the $482 level, key technical support below $482 is located at the $452 and $440 levels.
If the ETHUSD pair moves back above the $482 level, buyers may test towards the $505 and $530 resistance levels.
The ETH/USD pair has slipped below the key $482 support level, and the sentiment surrounding Ethereum remains bearish while trading below this key level. Sellers will target the $440 support level, while bulls will try to push price back above the key $482 resistance level.
The ETHUSD pair is intraday bearish while trading below the $482 level, key technical support below $482 is located at the $452 and $440 levels.
If the ETHUSD pair moves back above the $482 level, buyers may test towards the $505 and $530 resistance levels.
