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ETHUSD Ethereum

3,217.76

39.57 (1.25%)

05:41:10 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	387,041,470,768	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	39.57	1.25%	3,217.76	3,217.63	3,217.98

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,223.56	3,150.68	3,190.80	3,178.29	2,112.00 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	05:41:10	0.001117	3,218.18	USD

Price x Volume	Volume	Base Symbol	Related Pairs
218,338,988.97	68,459.37	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Gears Up: Will Bulls Trigger a New Rally?

26/12/2024 3:28am

NEWSBTC

Ethereum price started a decent increase above the $3,350 resistance. ETH is now recovering some losses and might gain pace if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,400 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,525 and $3,550 resistance levels. Ethereum Price Aims Higher Ethereum price started a decent increase above the $3,320 level like Bitcoin. ETH was able to climb above the $3,400 and $3,420 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 $3,535 and the price is now consolidating gains. It declined and traded below the 23.6% Fib retracement level of the upward move from the $3,225 swing low to the $3,534 high. Ethereum price is now trading above $3,450 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $3,455 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $3,500 level. The first major resistance is near the $3,525 level. The main resistance is now forming near $3,550. A clear move above the $3,550 resistance might send the price toward the $3,620 resistance. An upside break above the $3,620 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,680 resistance zone or even $3,750. 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 $3,455 level and the trend line. The first major support sits near the $3,375 zone or the 50% Fib retracement level of the upward move from the $3,225 swing low to the $3,534 high. A clear move below the $3,375 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 losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below 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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