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ETHUSD Ethereum

3,272.59

-5.57 (-0.17%)

06:14:41 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	393,851,938,918	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-5.57	-0.17%	3,272.59	3,272.07	3,272.43

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,304.60	3,261.52	3,275.02	3,278.16	1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	06:14:41	0.018934	3,273.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
36,064,027.94	10,992.01	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Battles Resistance: Can ETH Regain Momentum?

31/07/2024 4:08am

NEWSBTC

Ethereum price corrected gains and traded below the $3,300 level. ETH is consolidating and facing hurdles near the $3,300 resistance zone. Ethereum started a downside correction from the $3,400 resistance. The price is trading below $3,330 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,330 resistance zone. Ethereum Price Extends Losses Below $3,300 Ethereum price failed to clear the $3,400 resistance zone and started a downside correction, like Bitcoin. ETH traded below the $3,330 and $3,300 support levels to enter a short-term bearish zone. There was a break below a key bullish trend line with support at $3,295 on the hourly chart of ETH/USD. The pair even spiked below the $3,250 support zone. A low is formed at $3,231 and the price is now consolidating losses. It recovered some losses and traded above $3,280. The price tested the 50% Fib retracement level of the downward move from the $3,362 swing high to the $3,231 low. Ethereum price is now trading below $3,300 and the 100-hourly Simple Moving Average. If there is a fresh increase, the price could face resistance near the $3,300 level and the 100-hourly Simple Moving Average. The first major resistance is near the $3,330 level and the 76.4% Fib retracement level of the downward move from the $3,362 swing high to the $3,231 low. The next major hurdle is near the $3,350 level. A close above the $3,350 level might send Ether toward the $3,400 resistance. The next key resistance is near $3,500. An upside break above the $3,500 resistance might send the price higher toward the $3,650 resistance zone in the near term. Another Decline In ETH? If Ethereum fails to clear the $3,330 resistance, it could continue to move down. Initial support on the downside is near $3,250. The first major support sits near the $3,230 zone. A clear move below the $3,230 support might push the price toward $3,180. Any more losses might send the price toward the $3,080 support level in the near term. The next key support sits at $3,020. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,230 Major Resistance Level – $3,330

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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