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ETHUSD Ethereum

3,193.00

-224.64 (-6.57%)

11:12:05 - Realtime Data

Name	Symbol	Market	Market Cap ($)	Algorithm
Ethereum	ETHUSD	Crypto	384,341,570,541	Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-224.64	-6.57%	3,193.00	3,192.62	3,192.97

High Price	Low Price	Open Price	Prev. Close	52 Week Range
3,461.11	3,129.37	3,424.98	3,417.64	2,080.02 - 4,109.67

Exchange	Last Trade	Size	Trade Price	Currency
BSTP	11:22:13	0.500000	3,161.00	USD

Price x Volume	Volume	Base Symbol	Related Pairs
490,711,644.42	147,535.83	ETH	ETHEUR	ETHGBP	ETHBTC

Ethereum Price Takes a Plunge: Can Bulls Step In?

20/12/2024 3:18am

NEWSBTC

Ethereum price extended losses and dropped below the $3,680 zone. ETH is down over 7% and is showing bearish signs below the $3,550 level. Ethereum started a fresh decline below the $3,680 zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it fails to stay above the $3,650 support zone. Ethereum Price Drops Below $3,650 Ethereum price struggled to start a fresh increase above the $3,680 level and extended losses like Bitcoin. ETH gained bearish momentum below the $3,650 level and dived below $3,600. It even dived below $3,550 and spiked below the $3,420 level. A low was formed at $3,324 and the price is now consolidating losses. There is also a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD. Ethereum price is now trading below $3,550 and the 100-hourly Simple Moving Average. On the upside, the price seems to be facing hurdles near the $3,510 level. It is close to the 23.6% Fib retracement level of the downward move from the $4,105 swing high to the $3,324 low. The first major resistance is near the $3,650 level. There is also a key bearish trend line forming with resistance at $3,650 on the hourly chart of ETH/USD. The main resistance is now forming near $3,715 or the 50% Fib retracement level of the downward move from the $4,105 swing high to the $3,324 low. A clear move above the $3,715 resistance might send the price toward the $3,800 resistance. An upside break above the $3,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,880 resistance zone or even $4,000. More Losses In ETH? If Ethereum fails to clear the $3,650 resistance, it could continue to move down. Initial support on the downside is near the $3,350 level. The first major support sits near the $3,320 zone. A clear move below the $3,320 support might push the price toward the $3,250 support. Any more losses might send the price toward the $3,150 support level in the near term. The next key support sits at $3,050. 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 – $3,320 Major Resistance Level – $3,650

1 Year Ethereum Chart

1 Year Ethereum Chart

1 Month Ethereum Chart

1 Month Ethereum Chart

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