Current situation:
Ethereum rate broke down the mark of 50% of its previous move up. This is a very bad sign for the bulls, because buyers had to support the bounce from the level of $ 460. The probability of a drop in the price of Ethereum is now higher than its growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$547;
$528;
$490.
Support levels:
$455;
$427;
$406.
Forecast:
The drop in the rate of Ethereum to $ 427.