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ETHUSD Ethereum

2,971.98

-1.90 (-0.06%)

11:53:36 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	356,865,159,982	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-1.90	-0.06%	2,971.98	2,971.95	2,971.96

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,012.82	2,962.31	2,975.17	2,973.88	1,520.85 - 4,093.88

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	11:53:36	0.122432	2,971.98	USD

Price x Volume	Volume	Base Symbol	Related Pairs
48,733,867.84	16,299.16	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Signals Uptrend Continuation But Can Bulls Clear This?

22/03/2024 4:15am

NEWSBTC

Ethereum price is attempting a recovery wave above the $3,500 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a short-term bullish flag pattern with resistance at $3,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it settles above the $3,580 resistance zone. Ethereum Price Holds Support Ethereum price started a decent upward move above the $3,250 and $3,350 resistance levels, like Bitcoin. ETH even surpassed the $3,500 resistance to move into a positive zone. A high was formed at $3,587 and there was a minor pullback. The price declined below the $3,500 level and spiked below the 23.6% Fib retracement level of the recovery wave from the $3,059 swing low to the $3,587 high. However, the bulls are active near $3,400. Recently, there was a break above a short-term bullish flag pattern with resistance at $3,480 on the hourly chart of ETH/USD. Ethereum price is now trading above $3,500 and the 100-hourly Simple Moving Average. Source: ETHUSD on TradingView.com On the upside, immediate resistance is near the $3,550 level. The first major resistance is near the $3,580 level. The next key resistance sits at $3,670, above which the price might gain bullish momentum. In the stated case, Ether could rally toward the $3,800 level. If there is a move above the $3,800 resistance, Ethereum could even climb toward the $4,000 resistance. Any more gains might call for a test of $4,080. Another Decline In ETH? If Ethereum fails to clear the $3,580 resistance, it could start another decline. Initial support on the downside is near the $3,410 level. The first major support is near the $3,320 zone or the 50% Fib retracement level of the recovery wave from the $3,059 swing low to the $3,587 high. The next key support could be the $3,200 zone. A clear move below the $3,200 support might send the price toward $3,060. Any more losses might send the price toward the $3,000 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $3,400 Major Resistance Level – $3,580

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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