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Ethereum Technical Analysis: ETH Finds Short-Term Support

Ethereum found support on Tuesday, following a drop to a three-week low earlier in today’s session. This comes as the price of bitcoin also consolidated, following recent bearish pressure.

Ethereum

ETH also fell to a three-week low during today’s session, however the bullish resistance to the recent declines has helped prices find a floor.

Today saw ETH/USD fall to an intraday low of $2,510.68, which is its weakest level since January 31.

Despite this, prices rebounded from those earlier lows, climbing above support of $2,550 in the process.

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