Ethereum (ETH) Update $ETH faced rejection around 1,982 and fell to 1,860. ETH is currently following and respecting a rising channel. However, it has fallen below the EMA-50, which is now acting as resistance. The MACD has also turned negative. If Ethereum breaks below the rising channel, it could fall toward 1,750 and 1,700 levels. On the upside, if ETH holds above the channel and reclaims the EMA-50, it could make another attempt to move above 2,000. Keep your eyes on these levels. Not Financial Advice.
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