Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

Name	Symbol	Market	Market Cap ($)	Algorithm
TRON	TRXUSD	Crypto	9,674,237,137	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

TRON

TRXUSD

Crypto

9,674,237,137

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.000553	0.51%	0.1099	0.109951	0.109952

Price Change

Price Change %

Current Price

Bid Price

Offer

0.000553

0.51%

0.1099

0.109951

0.109952

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.1099	0.104921	0.109347	0.109347	0.064006 - 0.144371

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.1099

0.104921

0.109347

0.064006 - 0.144371

Exchange	Last Trade	Size	Trade Price	Currency
KRKN	16:05:55	337.91	0.1099	USD

Exchange

Last Trade

Size

Trade Price

Currency

KRKN

16:05:55

337.91

0.1099

USD

Price x Volume	Volume	Base Symbol	Related Pairs
142,437.31	1,316,205.63	TRX	TRXEUR	TRXGBP	TRXBTC

Price x Volume

Volume

Base Symbol

Related Pairs

142,437.31

1,316,205.63

Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

30/11/2022 5:00am

NEWSBTC

Ethereum managed to clear the $1,230 resistance zone against the US Dollar. ETH tested $1,280 and seems to be forming a strong support near $1,230. Ethereum gained bullish momentum and cleared the $1,230 resistance zone. The price is now trading above $1,230 and the 100 hourly simple moving average. There is a short-term bullish trend line forming with support near $1,230 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it stays above the $1,230 and $1,200 support levels. Ethereum Price Rallies Above Resistance Ethereum price remained well bid above the $1,150 support zone. ETH formed a base and started a fresh increase above the $1,200 resistance, similar to bitcoin. The price cleared the key resistance near the $1,230 and $1,250 levels. The upward move was such that the price traded as high as $1,280. It is now consolidating gains near the $1,265 level. Ether price is also trading above $1,230 and the 100 hourly simple moving average. The bulls are currently active above the 23.6% Fib retracement level of the recent increase from the $1,150 swing low to $1,280 high. There is also a short-term bullish trend line forming with support near $1,230 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $1,280 level. The first major resistance is near the $1,300 level. The next major resistance is near the $1,330 level, above which ether price might start another bullish wave. In the stated case, the price could rise towards the $1,380 resistance zone. Any more gains might send the price towards the $1,420 resistance zone. Dips Supported in ETH? If ethereum fails to climb above the $1,280 resistance, it could start a downside correction. An initial support on the downside is near the $1,250 level. The next major support is near the $1,230 level and the highlighted trend line. If there is a break below $1,230, the price could test the $1,200 support, where the bulls could emerge. Any more losses may perhaps start another decline towards the $1,150 support zone in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,230 Major Resistance Level – $1,280

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

TRXUSD TRON