Gold vs US Dollar

Register for streaming realtime charts, analysis tools, and prices.

Get Started

ETHUSD Ethereum

3,368.04

39.04 (1.17%)

16:27:39 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	404,957,349,052	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	39.04	1.17%	3,368.04	3,368.02	3,368.04

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,390.32	3,317.12	3,331.96	3,329.00	2,080.02 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	16:27:39	0.003673	3,368.03	USD

Price x Volume	Volume	Base Symbol	Related Pairs
82,431,521.95	24,630.42	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Falls Again: Is the Decline Gaining Momentum?

27/12/2024 3:18am

NEWSBTC

Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it settles below the $3,300 level. Ethereum Price Dips To Support Ethereum price struggled to continue higher above the $3,550 resistance and started a fresh decline like Bitcoin. ETH traded below the $3,450 and $3,420 support levels. There was a break below a connecting bullish trend line with support at $3,450 on the hourly chart of ETH/USD. The pair even dipped below the 50% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high. Ethereum price is now trading below $3,450 and the 100-hourly Simple Moving Average. It is now testing the $3,300 support and is above the 76.4% Fib retracement level of the upward wave from the $3,225 swing low to the $3,543 high. On the upside, the price seems to be facing hurdles near the $3,380 level. The first major resistance is near the $3,420 level. The main resistance is now forming near $3,500. A clear move above the $3,500 resistance might send the price toward the $3,550 resistance. An upside break above the $3,550 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,420 resistance, it could continue to move down. Initial support on the downside is near the $3,320 level. The first major support sits near the $3,300. A clear move below the $3,300 support might push the price toward the $3,250 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 gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,300 Major Resistance Level – $3,420

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

Delayed Upgrade Clock

Support: +44 (0) 203 8794 460 | support@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions