The closest area of support in analyzing the long-term expectations of cryptocurrency market participants is 30% of Ethereum sellers (127.87-102.37).
The specified price area is a key area for trading for the current calendar month.
When fixing the quotes below the long-term zone of 30%, we can expect the price of the asset to decline to the technical maximum of March 25, 2017 at the quote of 54.92.
ETH/USD, D1 Chart
When fixing ETH/USD quotes above the 30% sellers zone, the next goal of the long-term increase is the 20% sellers zone (229.89-255.39).
The immediate goal of reducing the current working week and the key area of support today is the medium-term zone of 6% of buyers (137.89-135.82).
The next target of the decline is the zone of 4% of buyers (127.53-125.38).
ETH/USD, M30 Chart
The nearest area of resistance on the first working day of the current trading week is the zone of 8% of buyers (146.26-150.48).
A subsequent increase to the long-term growth targets indicated on the daily timeframe is expected when the asset quotes are fixed above the above-mentioned medium-term resistance zone of 8%.