Hey kids! Let's talk about Ethereum (ETH), a type of cryptocurrency like Bitcoin, but a bit different. Recently, its price has been going down. It's like a rollercoaster, sometimes up, sometimes down!
- Ethereum's price dropped from around $2,350.
- It's now stuck between $2,000 and $2,250.
- Experts are watching closely to see if it will go up or down further.
Thing | Number |
---|---|
Highest price (resistance) | $2,350 |
Lowest price (support) | $2,000 |
Possible future price (if it goes up) | $2,550 |
Think of support as a safety net; if the price drops to it, it might bounce back. Resistance is like a ceiling; it's hard for the price to go above it.