• bitcoinBitcoin (BTC) $ 96,196.00
  • ethereumEthereum (ETH) $ 3,651.42
  • xrpXRP (XRP) $ 2.75
  • tetherTether (USDT) $ 1.00
  • solanaSolana (SOL) $ 228.70
  • bnbBNB (BNB) $ 652.79
  • dogecoinDogecoin (DOGE) $ 0.423285
  • cardanoCardano (ADA) $ 1.30
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,646.38
  • avalanche-2Avalanche (AVAX) $ 51.41
  • tronTRON (TRX) $ 0.226306
  • shiba-inuShiba Inu (SHIB) $ 0.000029
  • the-open-networkToncoin (TON) $ 6.63
  • stellarStellar (XLM) $ 0.555933
  • wrapped-stethWrapped stETH (WSTETH) $ 4,310.85
  • polkadotPolkadot (DOT) $ 10.13
  • chainlinkChainlink (LINK) $ 24.15
  • hedera-hashgraphHedera (HBAR) $ 0.374428
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,873.00
  • bitcoin-cashBitcoin Cash (BCH) $ 541.48
  • wethWETH (WETH) $ 3,649.68
  • suiSui (SUI) $ 3.38
  • litecoinLitecoin (LTC) $ 131.14
  • nearNEAR Protocol (NEAR) $ 7.32
  • pepePepe (PEPE) $ 0.000020
  • uniswapUniswap (UNI) $ 14.08
  • leo-tokenLEO Token (LEO) $ 8.79
  • aptosAptos (APT) $ 13.98
  • wrapped-eethWrapped eETH (WEETH) $ 3,847.22
  • internet-computerInternet Computer (ICP) $ 14.02
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.687477
  • usdsUSDS (USDS) $ 0.995772
  • vechainVeChain (VET) $ 0.067134
  • crypto-com-chainCronos (CRO) $ 0.202158
  • ethereum-classicEthereum Classic (ETC) $ 33.99
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.93
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • render-tokenRender (RENDER) $ 9.22
  • filecoinFilecoin (FIL) $ 7.40
  • bittensorBittensor (TAO) $ 609.42
  • algorandAlgorand (ALGO) $ 0.536244
  • arbitrumArbitrum (ARB) $ 1.05
  • kaspaKaspa (KAS) $ 0.156391
  • cosmosCosmos Hub (ATOM) $ 9.88
  • blockstackStacks (STX) $ 2.45
  • daiDai (DAI) $ 1.00
  • immutable-xImmutable (IMX) $ 2.06
  • aaveAave (AAVE) $ 227.65
  • celestiaCelestia (TIA) $ 7.75
  • whitebitWhiteBIT Coin (WBT) $ 23.30
  • fantomFantom (FTM) $ 1.19
  • okbOKB (OKB) $ 54.80
  • optimismOptimism (OP) $ 2.59
  • mantra-daoMANTRA (OM) $ 3.55
  • bonkBonk (BONK) $ 0.000043
  • moneroMonero (XMR) $ 172.70
  • dogwifcoindogwifhat (WIF) $ 3.16
  • injective-protocolInjective (INJ) $ 32.19
  • mantleMantle (MNT) $ 0.913428
  • the-graphThe Graph (GRT) $ 0.306953
  • theta-tokenTheta Network (THETA) $ 2.90
  • hyperliquidHyperliquid (HYPE) $ 8.59
  • sei-networkSei (SEI) $ 0.651052
  • ethenaEthena (ENA) $ 0.856227
  • worldcoin-wldWorldcoin (WLD) $ 3.39
  • ondo-financeOndo (ONDO) $ 1.69
  • kaiaKaia (KAIA) $ 0.393887
  • thorchainTHORChain (RUNE) $ 6.58
  • bitget-tokenBitget Token (BGB) $ 1.59
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,651.12
  • flokiFLOKI (FLOKI) $ 0.000227
  • galaGALA (GALA) $ 0.049590
  • quant-networkQuant (QNT) $ 137.18
  • based-brettBrett (BRETT) $ 0.199218
  • flare-networksFlare (FLR) $ 0.036567
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999536
  • the-sandboxThe Sandbox (SAND) $ 0.788016
  • makerMaker (MKR) $ 2,150.77
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,076.49
  • pyth-networkPyth Network (PYTH) $ 0.517725
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,095.00
  • arweaveArweave (AR) $ 27.67
  • flowFlow (FLOW) $ 1.14
  • eosEOS (EOS) $ 1.14
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,832.86
  • lido-daoLido DAO (LDO) $ 1.90
  • tezosTezos (XTZ) $ 1.67
  • jasmycoinJasmyCoin (JASMY) $ 0.034292
  • starknetStarknet (STRK) $ 0.721802
  • jupiter-exchange-solanaJupiter (JUP) $ 1.20
  • matic-networkPolygon (MATIC) $ 0.688820
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,752.06
  • beam-2Beam (BEAM) $ 0.028896
  • heliumHelium (HNT) $ 8.77
  • kucoin-sharesKuCoin (KCS) $ 12.62
  • iotaIOTA (IOTA) $ 0.421455
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,854.00
  • bitcoin-svBitcoin SV (BSV) $ 74.55
  • axie-infinityAxie Infinity (AXS) $ 9.42
  • gatechain-tokenGate (GT) $ 11.54
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.44
  • raydiumRaydium (RAY) $ 4.93
  • coredaoorgCore (CORE) $ 1.53
  • bittorrentBitTorrent (BTT) $ 0.000001
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,752.52
  • neoNEO (NEO) $ 19.26
  • ethereum-name-serviceEthereum Name Service (ENS) $ 40.86
  • elrond-erd-2MultiversX (EGLD) $ 48.20
  • decentralandDecentraland (MANA) $ 0.707116
  • dydx-chaindYdX (DYDX) $ 1.81
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 1.28
  • aioz-networkAIOZ Network (AIOZ) $ 1.10
  • msolMarinade Staked SOL (MSOL) $ 282.88
  • popcatPopcat (POPCAT) $ 1.22
  • apecoinApeCoin (APE) $ 1.65
  • aerodrome-financeAerodrome Finance (AERO) $ 1.67
  • xdce-crowd-saleXDC Network (XDC) $ 0.078391
  • zcashZcash (ZEC) $ 74.64
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.77
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,628.42
  • chilizChiliz (CHZ) $ 0.118069
  • conflux-tokenConflux (CFX) $ 0.234283
  • fasttokenFasttoken (FTN) $ 3.18
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 95,987.00
  • mina-protocolMina Protocol (MINA) $ 0.884742
  • binance-staked-solBinance Staked SOL (BNSOL) $ 232.82
  • akash-networkAkash Network (AKT) $ 4.12
  • ecasheCash (XEC) $ 0.000051
  • pendlePendle (PENDLE) $ 6.12
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,834.97
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,726.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.786729
  • wormholeWormhole (W) $ 0.342981
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 242.35
  • nexoNEXO (NEXO) $ 1.45
  • axelarAxelar (AXL) $ 1.07
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.22
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,826.00
  • notcoinNotcoin (NOT) $ 0.008896
  • havvenSynthetix Network (SNX) $ 2.75
  • mog-coinMog Coin (MOG) $ 0.000002
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.422896
  • ordinalsORDI (ORDI) $ 40.43
  • zksyncZKsync (ZK) $ 0.226148
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009357
  • oasis-networkOasis (ROSE) $ 0.122892
  • dydxdYdX (ETHDYDX) $ 1.81
  • roninRonin (RON) $ 2.23
  • blurBlur (BLUR) $ 0.390274
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000145
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,649.93
  • grassGrass (GRASS) $ 3.22
  • nervos-networkNervos Network (CKB) $ 0.017340
  • neiro-3Neiro (NEIRO) $ 0.001828
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,652.91
  • usddUSDD (USDD) $ 0.997191
  • compound-governance-tokenCompound (COMP) $ 84.54
  • eigenlayerEigenlayer (EIGEN) $ 3.94
  • arkhamArkham (ARKM) $ 2.30
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.724455
  • gnosisGnosis (GNO) $ 275.53
  • kusamaKusama (KSM) $ 44.20
  • kavaKava (KAVA) $ 0.640605
  • layerzeroLayerZero (ZRO) $ 6.18
  • echelon-primeEchelon Prime (PRIME) $ 13.37
  • safeSafe (SAFE) $ 1.32
  • dashDash (DASH) $ 55.60
  • reserve-rights-tokenReserve Rights (RSR) $ 0.012595
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006679
  • superfarmSuperVerse (SUPER) $ 1.47
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,957.36
  • 1inch1inch (1INCH) $ 0.494849
  • tether-goldTether Gold (XAUT) $ 2,644.05
  • zilliqaZilliqa (ZIL) $ 0.033937
  • book-of-memeBOOK OF MEME (BOME) $ 0.009391
  • fraxFrax (FRAX) $ 0.994250
  • astarAstar (ASTR) $ 0.084193
  • holotokenHolo (HOT) $ 0.003499
  • bitcoin-goldBitcoin Gold (BTG) $ 35.34
  • super-oethSuper OETH (SUPEROETHB) $ 3,651.02
  • moo-dengMoo Deng (MOODENG) $ 0.619341
  • woo-networkWOO (WOO) $ 0.330723
  • amp-tokenAmp (AMP) $ 0.007572
  • livepeerLivepeer (LPT) $ 16.68
  • theta-fuelTheta Fuel (TFUEL) $ 0.089465
  • snekSnek (SNEK) $ 0.008049
  • bazaarsBazaars (BZR) $ 9.84
  • enjincoinEnjin Coin (ENJ) $ 0.336519
  • creditcoin-2Creditcoin (CTC) $ 1.45
  • stepnGMT (GMT) $ 0.230737
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000027
  • iotexIoTeX (IOTX) $ 0.060484
  • dexeDeXe (DEXE) $ 10.00
  • apenftAPENFT (NFT) $ 0.00000058
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 96,065.00
  • celoCelo (CELO) $ 1.00
  • beldexBeldex (BDX) $ 0.079953
  • frax-etherFrax Ether (FRXETH) $ 3,636.21
  • ether-fiEther.fi (ETHFI) $ 2.64

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

0 228

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Ethereum price is moving higher above the $1,880 resistance against the US Dollar. ETH could surge toward $2,000 or $2,050 if it clears the $1,920 resistance.

  • Ethereum is moving higher toward the $2,000 resistance.
  • 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 $1,885 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could gain bullish momentum if it clears the $1,920 resistance zone.

Ethereum Price Aims Higher

Ethereum’s price formed a base above the $1,800 support zone. ETH started a steady increase and cleared the $1,880 resistance zone, similar to Bitcoin at $28,800.

The price even climbed above $1,900 but faced sellers near $1,920. There was a downside correction but the bulls were active near $1,870. A low is formed near $1,867 and the price is now rising. There was a break above the 50% Fib retracement level of the recent decline from the $1,917 high to the $1,867 low.

Ether is now trading above $1,880 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support near $1,885 on the hourly chart of ETH/USD.

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Source: ETHUSD on TradingView.com

Immediate resistance is near the $1,905 level. It is close to the 76.4% Fib retracement level of the recent decline from the $1,917 high to the $1,867 low. The next major resistance seems to be forming near $1,920. A close above the $1,920 resistance zone could send Ethereum toward the $1,940 resistance. Any more gains could send Ether toward the $2,000 resistance. In the stated case, the price may even rise toward the $2,120 resistance.

Are Dips Supported in ETH?

If Ethereum fails to clear the $1,920 resistance, it could start a downside correction. Initial support on the downside is near the $1,885 level and the trend line.

The next major support is near the $1,880 zone or the 100 hourly SMA, below which ether price might drop toward the $1,840 support zone. Any more losses may perhaps take the price toward the $1,805 level in the near term.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is now gaining momentum in the bullish zone.

Hourly RSIThe RSI for ETH/USD is above the 50 level.

Major Support Level – $1,880

Major Resistance Level – $1,920

Source

Leave A Reply

Your email address will not be published.