ETH/USD Slumps from 2458: Sally Ho’s Technical Analysis 18 June 2021 ETH

Ethereum (ETH/USD) remained pressured early in today’s Asian session as the pair depreciated to the 2365.59 level after trading as high as the 2459.53 area during the European session, with the interday high representing a test of the 38.2% retracement of the appreciating range from 1725.86 to 2911.54.  Traders observe the intraday low represents a test of the 38.2% retracement of the appreciating range from 2182.20 to 2480.69.