Gold vs US Dollar

Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

Get Started

BTCUSD Bitcoin

66,280.41

357.60 (0.54%)

09:20:40 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,300,537,950,942	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	357.60	0.54%	66,280.41	66,286.00	66,286.01

High Price	Low Price	Open Price	Prev. Close	52 Week Range
66,345.14	65,473.00	65,948.93	65,922.81	24,900.00 - 73,835.57

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	09:20:40	0.000853	66,280.41	USD

Price x Volume	Volume	Base Symbol	Related Pairs
143,951,329.81	2,186.16	BTC	BTCEUR	BTCGBP	ETHBTC

Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?

24/07/2024 4:28am

NEWSBTC

Ethereum price failed to continue higher above the $3,500 resistance zone. ETH corrected gains and is now trading in a range above the $3,400 level. Ethereum is consolidating below the $3,500 resistance zone. The price is trading below $3,480 and the 100-hourly Simple Moving Average. There is a key declining channel forming with resistance at $3,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $3,500 resistance zone. Ethereum Price Stuck In A Range Below $3,550 Ethereum price failed to extend gains above the $3,550 resistance zone. ETH corrected gains and traded below the $3,500 level like Bitcoin. The bears were able to push the price below the $3,450 level. A low is formed near $3,390 and the price is rising. There was a move above the $3,420 level. The price climbed above the 50% Fib retracement level of the downward move from the $3,540 swing high to the $3,390 low. However, the bears are active near the $3,500 level. They failed to clear the 61.8% Fib retracement level of the downward move from the $3,540 swing high to the $3,390 low. There is also a key declining channel forming with resistance at $3,470 on the hourly chart of ETH/USD. Ethereum is now trading below $3,500 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $3,480 level. The first major resistance is near the $3,500 level. The next major hurdle is near the $3,520 level. A close above the $3,520 level might send Ether toward the $3,550 resistance. The next key resistance is near $3,650. An upside break above the $3,650 resistance might send the price higher toward the $3,800 resistance zone. Another Decline In ETH? If Ethereum fails to clear the $3,500 resistance, it could start another decline. Initial support on the downside is near $3,420. The first major support sits near the $3,400 zone. A clear move below the $3,400 support might push the price toward $3,340. Any more losses might send the price toward the $3,320 support level in the near term. The next key support sits at $3,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $3,400 Major Resistance Level – $3,500

1 Year Bitcoin Chart

1 Year Bitcoin Chart

1 Month Bitcoin Chart

1 Month Bitcoin Chart

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions