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BTCUSD Bitcoin

97,623.69

102.26 (0.10%)

14:05:58 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Bitcoin	BTCUSD	Crypto	1,937,355,992,763	SHA-256d

	Price Change	Price Change %	Current Price	Bid Price	Offer
	102.26	0.10%	97,623.69	97,623.16	97,630.33

High Price	Low Price	Open Price	Prev. Close	52 Week Range
97,997.85	97,225.01	97,395.13	97,521.43	49,050.01 - 109,356.00

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	14:05:58	0.000166	97,630.55	USD

Price x Volume	Volume	Base Symbol	Related Pairs
120,108,431.80	1,230.17	BTC	BTCEUR	BTCGBP	ETHBTC

Ethereum Price Gearing Up for Gains—Can Bulls Sustain The Momentum?

13/02/2025 3:18am

NEWSBTC

Ethereum price is moving higher above the $2,600 zone. ETH might gain bullish momentum if it clears the $2,800 resistance zone. Ethereum started a fresh increase above the $2,650 resistance level. The price is trading above $2,680 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,780 and $2,800. Ethereum Price Eyes More Gains Ethereum price remained supported above the $2,500 level, like Bitcoin. ETH formed a base and recently started a fresh increase above the $2,600 and $2,620 resistance levels. There was a break above a key bearish trend line with resistance at $2,680 on the hourly chart of ETH/USD. The bulls pumped the pair above the $2,700 level. It traded as high as $2,794 before there was a minor pullback. The price dipped below the $2,750 level. There was a move below the 23.6% Fib retracement level of the upward wave from the $2,550 swing low to the $2,794 high. Ethereum price is now trading above $2,680 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $2,750 level. The first major resistance is near the $2,780 level. The main resistance is now forming near $2,800 or $2,820. A clear move above the $2,820 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,050 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,780 resistance, it could start another decline. Initial support on the downside is near the $2,675 level or the 50% Fib retracement level of the upward wave from the $2,550 swing low to the $2,794 high. The first major support sits near the $2,640 zone. A clear move below the $2,640 support might push the price toward the $2,600 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,440. 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 – $2,675 Major Resistance Level – $2,780

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