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ETHUSD Ethereum

2,638.21

32.00 (1.23%)

13:23:15 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	318,091,098,568	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	32.00	1.23%	2,638.21	2,638.32	2,638.33

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2,646.91	2,589.20	2,603.70	2,606.21	1,542.36 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	13:23:14	0.000600	2,638.30	USD

Price x Volume	Volume	Base Symbol	Related Pairs
81,991,194.66	31,280.84	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Bulls Set Sights on $3K: Is a Rally Coming?

16/10/2024 4:28am

NEWSBTC

Ethereum price started a fresh increase above the $2,550 resistance. ETH is gaining pace and might soon clear the $2,650 resistance. Ethereum started a fresh increase above the $2,520 and $2,550 resistance levels. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $2,535 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rally if it clears the $2,650 and $2,680 resistance levels. Ethereum Price Eyes More Upsides Ethereum price extended its increase above the $2,550 resistance like Bitcoin. ETH cleared the $2,600 and $2,620 resistance levels. The price even spiked above $2,650 before there was a downside correction. There was a move below the $2,640 level. The price tested the $2,540 zone. A low was formed at $2,538 and the price is again rising. There was a move above the $2,580 resistance. The price climbed above the 50% Fib retracement level of the downward move from the $2,684 swing high to the $2,538 low. Ethereum price is now trading above $2,600 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $2,535 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,630 level. The first major resistance is near the $2,650 level or the 76.4% Fib retracement level of the downward move from the $2,684 swing high to the $2,538 low. A clear move above the $2,650 resistance might send the price toward the $2,680 resistance. An upside break above the $2,680 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone in the near term. The next hurdle sits near the $2,950 level or $3,000. Another Decline In ETH? If Ethereum fails to clear the $2,650 resistance, it could start another decline. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,535 zone and the trend line. A clear move below the $2,500 support might push the price toward $2,450. Any more losses might send the price toward the $2,400 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,535 Major Resistance Level – $2,650

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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