<ul> 
 <li>According to Ethereum’s short-term technical chart, hourly candle closes below the $1858 level can continue the downward movement towards the $1828 levels.</li> 
 <li>For ETH to maintain its upward trend, it is important to have 2-hour candle closes above the $1910 level.</li> 
 <li>According to Ethereum’s daily chart, the $1927 level is an important resistance.</li> 
</ul> 
Ethereum’s short-term technical analysis indicates that the price can continue its downward trend below the $1858 level. However, it needs to close strongly above the $1910 level to maintain its upward trend. 
<h2 id="strong-medium-term-eth-price-analysis-strong">Medium-Term ETH Price Analysis</h2> 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/What-Levels-to-Expect-for-Buying-Ethereum-Whales-June-23.png"></a> Daily ETH/USD Price Chart 
When examining <a href="https://coincodex.com/crypto/ethereum/" target="_blank" rel="noopener">Ethereum</a>‘s daily technical chart, it is observed that it encounters significant resistance at the $1927 level. 
If ETH fails to achieve daily candle closes above the $1927 level, it can continue the downward movement towards the $1778 support. 
With the break of the downward trend, many Ethereum whales are waiting to buy ETH from the $1778 – $1757 range. Reaching this range also means retesting the broken downward trend line. 
If Ethereum surpasses the $1927 resistance, it can continue its upward movement towards the $2050 levels. 
Short-Term ETH Price Chart 
<a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687522133_588_What-Levels-to-Expect-for-Buying-Ethereum-Whales-June-23.png"><img decoding="async" loading="lazy" class=" td-modal-image alignnone wp-image-134124 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687522133_588_What-Levels-to-Expect-for-Buying-Ethereum-Whales-June-23.png" alt="30-Minute ETH/USD Price Chart" width="1888" height="856"></a> 
30-Minute ETH/USD Price Chart 
When examining Ethereum’s short-term technical chart, it is seen that if the price of ETH achieves hourly candle closes below the $1858 level, it can continue the downward movement towards the $1828 levels. 
If Ethereum makes hourly candle closes below the $1828 level, it can extend the downward movement towards the $1790 – $1780 levels. However, for ETH to continue its upward trend, it needs to achieve 2-hour candle closes above the $1910 level to ensure sustainability. 
If the price of ETH surpasses the $1911 level with high trading volume, it can continue its upward movement towards the $1970 levels. However, if it fails to break the $1911 level, it may want to realize the downward movement towards the $1790 – $1780 support levels. 
The post <a rel="nofollow" href="https://en.coinotag.com/what-levels-to-expect-for-buying-ethereum-whales-june-23-eth-analysis/">What Levels to Expect for Buying Ethereum Whales? June 23 ETH Analysis</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.

What Levels to Expect for Buying Ethereum Whales? June 23 ETH Analysis

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