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ETHUSD Ethereum

3,469.84

-23.87 (-0.68%)

02:41:27 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	418,148,702,862	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-23.87	-0.68%	3,469.84	3,469.78	3,469.98

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,512.49	3,453.16	3,501.43	3,493.71	2,080.02 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	02:41:26	0.023588	3,469.98	USD

Price x Volume	Volume	Base Symbol	Related Pairs
20,623,249.93	5,927.86	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Approaches Critical Resistance: A Turning Point?

25/12/2024 3:48am

NEWSBTC

Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,520 and $3,550 resistance levels. Ethereum Price Starts Recovery Ethereum price remained stable above $3,220 and started a recovery wave like Bitcoin. ETH was able to climb above the $3,350 and $3,400 resistance levels. The price even cleared the $3,500 resistance level. However, the bears remained active below the $3,550 level. A high was formed at $3,534 and the price is now consolidating gains. It corrected some points below the 23.6% Fib retracement level of the recent wave from the $3,226 swing low to the $3,534 high. Ethereum price is now trading above $3,420 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $3,520 level. The first major resistance is near the $3,540 level. The main resistance is now forming near $3,550. A clear move above the $3,550 resistance might send the price toward the $3,650 resistance. An upside break above the $3,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,720 resistance zone or even $3,800. Another Decline In ETH? If Ethereum fails to clear the $3,550 resistance, it could continue to move down. Initial support on the downside is near the $3,425 level and the trend line. The first major support sits near the $3,375 zone. A clear move below the $3,375 support might push the price toward the $3,320 support. Any more losses might send the price toward the $3,220 support level in the near term. The next key support sits at $3,110. 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 – $3,425 Major Resistance Level – $3,550

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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