After ETH tried reaching the $670 mark, the leading altcoin went downward to the $650 level before falling to the $620/$630 support level.
Major signals
- There has been a decline in ETH as it trades below $620 and the $630 level
- ETH is holding on to the $600 support level
- There are chances ETH/USD corrects higher, but the $630
The fall is making the downside to $100 look imminent. Any positive spike above the $635 resistance level could take ETH to the $650/ $660 level.
On the contrary, if the price of ETH cannot go past the $630 resistance level, there might be more fall, and the $605 resistance looks imminent. The first support for any fall is $600 but further below $600 means to decline to $580, and $575 is possible.
Do you predict an upward or downward movement in the price of ETH?
