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ETHUSD Ethereum

3,082.08

-54.27 (-1.73%)

18:08:50 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	369,115,581,062	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-54.27	-1.73%	3,082.08	3,082.70	3,082.96

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,221.41	3,056.99	3,140.53	3,136.35	1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	18:08:50	0.000167	3,082.08	USD

Price x Volume	Volume	Base Symbol	Related Pairs
222,035,568.97	70,910.37	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Climbs 5% To Take Out Hurdles, Is Bottom Really In?

12/01/2023 4:48am

NEWSBTC

Ethereum climbed higher above the $1,350 resistance zone against the US Dollar. ETH tested the $1,420 zone and is currently consolidating gains. Ethereum started a steady increase above the $1,320 and $1,350 resistance levels. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a connecting bullish trend line forming with support near $1,345 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $1,320 support zone. Ethereum Price Breaks $1,400 Ethereum price remained well bid above the $1,300 resistance. ETH settled above the $1,320 resistance zone and started another increase, similar to bitcoin above $17,500. There was a strong upward move above the $1,350 resistance zone. The price gained over 5% and even broke the $1,400 resistance zone. A high is formed near $1,419 and the price is now consolidating gains. Ether price is now trading above $1,350 and the 100 hourly simple moving average. There is also a connecting bullish trend line forming with support near $1,345 on the hourly chart of ETH/USD. The pair seems to be trading just above the 23.6% Fib retracement level of the recent rally from the $1,322 swing low to $1,419 high. An immediate resistance is near the $1,420 level. The next major resistance is near the $1,450 level. An upside break above the $1,450 resistance zone could set the pace for a larger increase. Source: ETHUSD on TradingView.com In the stated case, the price may perhaps climb higher towards the $1,500 resistance. Any more gains might send the price towards $1,550, above which the price could rise towards the $1,600 resistance zone. Losses Limited in ETH? If ethereum fails to clear the $1,420 resistance, it could start a downside correction. An initial support on the downside is near the $1,395 level. The next major support is near the $1,370 level. It is near the 50% Fib retracement level of the recent rally from the $1,322 swing low to $1,419 high. If there is a move below $1,350, the price might test the trend line and $1,350. Any more losses might call for a test of the $1,320 zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,370 Major Resistance Level – $1,420

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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