Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	356,404,943,084	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ethereum

ETHUSD

Crypto

356,404,943,084

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-13.92	-0.47%	2,973.21	2,973.07	2,973.21

Price Change

Price Change %

Current Price

Bid Price

Offer

-13.92

-0.47%

2,973.21

2,973.07

2,973.21

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,036.35	2,958.55	2,987.82	2,987.08	1,520.85 - 4,093.88

High Price

Low Price

Open Price

Prev. Close

52 Week Range

3,036.35

2,958.55

2,987.82

2,987.08

1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	12:24:23	0.328015	2,973.21	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

12:24:23

0.328015

2,973.21

USD

Price x Volume	Volume	Base Symbol	Related Pairs
94,933,313.29	31,672.80	ETH	ETHEUR	ETHGBP	ETHBTC

Price x Volume

Volume

Base Symbol

Related Pairs

94,933,313.29

31,672.80

Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

30/05/2023 4:40am

NEWSBTC

Ethereum price corrected gains from the $1,920 resistance against the US Dollar. ETH is currently supported and might soon aim for a move toward $2,000. Ethereum is currently eyeing a fresh increase above the $1,920 resistance zone. The price is trading above $1,880 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support near $1,880 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $1,920 resistance. Ethereum Price Remains Supported Ethereum’s price started a decent increase above the $1,800 resistance. ETH even broke the $1,880 level before the bears appeared near $1,920 and pushed the price lower, similar to Bitcoin. There was a downside correction below the $1,900 and $1,885 levels. The price spiked below the 50% Fib retracement level of the upward move from the $1,836 swing low to the $1,929 high. However, the bulls were active above the $1,870 level. There is also a major bullish trend line forming with support near $1,880 on the hourly chart of ETH/USD. The trend line is close to the 61.8% Fib retracement level of the upward move from the $1,836 swing low to the $1,929 high. Ether is still trading above $1,880 and the 100-hourly Simple Moving Average. Immediate resistance is near the $1,910 zone. The next major resistance is near the $1,920 level. A close above the $1,920 resistance could send Ether toward $2,000. Source: ETHUSD on TradingView.com The next resistance sits near $2,040, above which Ethereum could gain pace toward $2,120. Any more gains above the $2,120 resistance zone might send the price toward the $2,200 resistance. More Losses in ETH? If Ethereum fails to clear the $1,920 resistance, it could continue to move down. Initial support on the downside is near the $1,885 level. The next major support is near the $1,870 zone or the trend line. If there is a close below the $1,870 support, the price could decline toward the 100 hourly SMA. Any more losses may perhaps send the price toward the $1,815 level in the coming sessions, below which it could test $1,800. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is above the 50 level. Major Support Level – $1,870 Major Resistance Level – $1,920

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ETHUSD Ethereum