Ethereum cryptocurrency analysis and expected selling areas

Best Selling Zones for Ethereum

 

Ethereum is currently in a strong downtrend.

This follows significant losses incurred by the cryptocurrency in recent days,

 with a decline of over 10% so far.

Some corrections are expected as the cryptocurrency attempts

 to recoup its recent losses.

If the price rises and reaches the new supply zones 

that have formed after breaking through previous key buying levels, 

we anticipate another decline in Ethereum.

The new supply zones are located at the 3697.61 level.

These are considered among the best selling points currently

 and align with the ongoing downtrend.

If the price falls, we expect to reach the 3530 and 3300 levels.

The selling zones will be invalidated if the price breaks through 

the supply zones and closes above them with a daily candle.