Ethereum is a popular cryptocurrency that has been experiencing some ups and downs lately. It has been trading around key support and resistance levels, which means it could have a big move soon. When you look at the daily chart, you’ll see that the price has been going down since October, with a string of red candles showing the selling pressure.
This might mean that Ethereum could either break through the resistance level and go up, or it could break below the support level and go down. So, we’ll have to wait and see what happens next.