• bitcoinBitcoin (BTC) $ 106,709.00
  • ethereumEthereum (ETH) $ 2,527.49
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.35
  • bnbBNB (BNB) $ 650.56
  • solanaSolana (SOL) $ 168.34
  • usd-coinUSDC (USDC) $ 0.999853
  • dogecoinDogecoin (DOGE) $ 0.226005
  • cardanoCardano (ADA) $ 0.744931
  • tronTRON (TRX) $ 0.268832
  • staked-etherLido Staked Ether (STETH) $ 2,523.31
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,385.00
  • suiSui (SUI) $ 3.86
  • wrapped-stethWrapped stETH (WSTETH) $ 3,042.61
  • chainlinkChainlink (LINK) $ 15.69
  • avalanche-2Avalanche (AVAX) $ 22.58
  • stellarStellar (XLM) $ 0.287575
  • hyperliquidHyperliquid (HYPE) $ 26.40
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • hedera-hashgraphHedera (HBAR) $ 0.194762
  • leo-tokenLEO Token (LEO) $ 8.78
  • bitcoin-cashBitcoin Cash (BCH) $ 393.14
  • the-open-networkToncoin (TON) $ 3.08
  • litecoinLitecoin (LTC) $ 94.47
  • polkadotPolkadot (DOT) $ 4.69
  • usdsUSDS (USDS) $ 0.999805
  • wethWETH (WETH) $ 2,519.72
  • moneroMonero (XMR) $ 350.65
  • wrapped-eethWrapped eETH (WEETH) $ 2,691.53
  • bitget-tokenBitget Token (BGB) $ 5.15
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • pepePepe (PEPE) $ 0.000013
  • pi-networkPi Network (PI) $ 0.760884
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,441.00
  • whitebitWhiteBIT Coin (WBT) $ 30.20
  • aaveAave (AAVE) $ 258.58
  • daiDai (DAI) $ 1.00
  • bittensorBittensor (TAO) $ 412.34
  • uniswapUniswap (UNI) $ 6.04
  • nearNEAR Protocol (NEAR) $ 2.81
  • aptosAptos (APT) $ 5.14
  • okbOKB (OKB) $ 52.24
  • jito-staked-solJito Staked SOL (JITOSOL) $ 202.14
  • ondo-financeOndo (ONDO) $ 0.944701
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • official-trumpOfficial Trump (TRUMP) $ 14.42
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.14
  • kaspaKaspa (KAS) $ 0.110134
  • crypto-com-chainCronos (CRO) $ 0.096648
  • internet-computerInternet Computer (ICP) $ 5.26
  • ethereum-classicEthereum Classic (ETC) $ 18.41
  • gatechain-tokenGate (GT) $ 21.52
  • mantleMantle (MNT) $ 0.745277
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • vechainVeChain (VET) $ 0.028541
  • render-tokenRender (RENDER) $ 4.64
  • susdssUSDS (SUSDS) $ 1.05
  • ethenaEthena (ENA) $ 0.379941
  • cosmosCosmos Hub (ATOM) $ 4.84
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,905.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.231621
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.754612
  • algorandAlgorand (ALGO) $ 0.224053
  • arbitrumArbitrum (ARB) $ 0.395086
  • filecoinFilecoin (FIL) $ 2.86
  • fasttokenFasttoken (FTN) $ 4.40
  • celestiaCelestia (TIA) $ 2.68
  • worldcoin-wldWorldcoin (WLD) $ 1.12
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.54
  • sonic-3Sonic (prev. FTM) (S) $ 0.501608
  • bonkBonk (BONK) $ 0.000020
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,529.24
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.993442
  • kucoin-sharesKuCoin (KCS) $ 11.70
  • jupiter-exchange-solanaJupiter (JUP) $ 0.502967
  • binance-staked-solBinance Staked SOL (BNSOL) $ 177.35
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,625.94
  • blockstackStacks (STX) $ 0.878249
  • fartcoinFartcoin (FARTCOIN) $ 1.30
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 106,652.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.96
  • nexoNEXO (NEXO) $ 1.27
  • story-2Story (IP) $ 4.51
  • flare-networksFlare (FLR) $ 0.018931
  • immutable-xImmutable (IMX) $ 0.651329
  • sei-networkSei (SEI) $ 0.224405
  • optimismOptimism (OP) $ 0.721127
  • eosEOS (EOS) $ 0.786628
  • makerMaker (MKR) $ 1,726.64
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,868.03
  • injective-protocolInjective (INJ) $ 12.12
  • usdt0USDT0 (USDT0) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.070603
  • the-graphThe Graph (GRT) $ 0.110726
  • dogwifcoindogwifhat (WIF) $ 0.984596
  • flokiFLOKI (FLOKI) $ 0.000099
  • curve-dao-tokenCurve DAO (CRV) $ 0.710268
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,691.77
  • raydiumRaydium (RAY) $ 3.18
  • theta-tokenTheta Network (THETA) $ 0.910096
  • msolMarinade Staked SOL (MSOL) $ 217.41
  • paypal-usdPayPal USD (PYUSD) $ 0.999669
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • wbnbWrapped BNB (WBNB) $ 650.71
  • jasmycoinJasmyCoin (JASMY) $ 0.018214
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 186.43
  • galaGALA (GALA) $ 0.019518
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 106,108.00
  • clbtcclBTC (CLBTC) $ 108,412.00
  • walrus-2Walrus (WAL) $ 0.650934
  • tether-goldTether Gold (XAUT) $ 3,294.08
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012731
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,642.84
  • pax-goldPAX Gold (PAXG) $ 3,307.45
  • lido-daoLido DAO (LDO) $ 0.872236
  • iotaIOTA (IOTA) $ 0.223253
  • coredaoorgCore (CORE) $ 0.767951
  • the-sandboxThe Sandbox (SAND) $ 0.313238
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.33
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.22
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,634.22
  • dexeDeXe (DEXE) $ 12.73
  • heliumHelium (HNT) $ 3.96
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • pendlePendle (PENDLE) $ 4.40
  • bitcoin-svBitcoin SV (BSV) $ 35.55
  • kaiaKaia (KAIA) $ 0.117599
  • spx6900SPX6900 (SPX) $ 0.739168
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 105,959.00
  • based-brettBrett (BRETT) $ 0.068012
  • jito-governance-tokenJito (JTO) $ 2.01
  • zcashZcash (ZEC) $ 41.10
  • usdx-money-usdxStables Labs USDX (USDX) $ 1.00
  • tezosTezos (XTZ) $ 0.621819
  • flowFlow (FLOW) $ 0.408418
  • usual-usdUsual USD (USD0) $ 0.997687
  • chain-2Onyxcoin (XCN) $ 0.019054
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.06
  • thorchainTHORChain (RUNE) $ 1.80
  • grassGrass (GRASS) $ 2.25
  • ousgOUSG (OUSG) $ 111.12
  • decentralandDecentraland (MANA) $ 0.322332
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.225524
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,520.24
  • super-oethSuper OETH (SUPEROETH) $ 2,525.80
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 106,565.00
  • apecoinApeCoin (APE) $ 0.664105
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999825
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,598.14
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,690.66
  • elrond-erd-2MultiversX (EGLD) $ 18.30
  • aerodrome-financeAerodrome Finance (AERO) $ 0.628656
  • dydx-chaindYdX (DYDX) $ 0.654560
  • aioz-networkAIOZ Network (AIOZ) $ 0.432248
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008808
  • tbtctBTC (TBTC) $ 105,927.00
  • kaitoKAITO (KAITO) $ 2.07
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,519.45
  • true-usdTrueUSD (TUSD) $ 0.998485
  • ketKet (KET) $ 0.482790
  • axie-infinityAxie Infinity (AXS) $ 2.99
  • arweaveArweave (AR) $ 7.34
  • starknetStarknet (STRK) $ 0.152880
  • deepDeepBook (DEEP) $ 0.188628
  • pyth-networkPyth Network (PYTH) $ 0.128162
  • kavaKava (KAVA) $ 0.429139
  • beldexBeldex (BDX) $ 0.065006
  • movementMovement (MOVE) $ 0.181877
  • neoNEO (NEO) $ 6.57
  • pumpbtcpumpBTC (PUMPBTC) $ 103,458.00
  • telcoinTelcoin (TEL) $ 0.005014
  • conflux-tokenConflux (CFX) $ 0.090515
  • roninRonin (RON) $ 0.696618
  • morphoMorpho (MORPHO) $ 1.67
  • ecasheCash (XEC) $ 0.000023
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999799
  • aethirAethir (ATH) $ 0.049028
  • popcatPopcat (POPCAT) $ 0.453133
  • wormholeWormhole (W) $ 0.095479
  • apenftAPENFT (NFT) $ 0.00000044
  • mog-coinMog Coin (MOG) $ 0.000001
  • chilizChiliz (CHZ) $ 0.044256
  • eigenlayerEigenlayer (EIGEN) $ 1.40
  • saros-financeSaros (SAROS) $ 0.159488
  • beam-2Beam (BEAM) $ 0.007938
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,509.67
  • ether-fiEther.fi (ETHFI) $ 1.28
  • plumePlume (PLUME) $ 0.169392
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.995203
  • amp-tokenAmp (AMP) $ 0.004691
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 106,079.00
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998120
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999829
  • compound-governance-tokenCompound (COMP) $ 42.75
  • syrupMaple Finance (SYRUP) $ 0.358456

Ethereum Price Approaches Resistance—Will It Smash Through?

0 23

Ethereum Price Approaches Resistance—Will It Smash Through?

Ethereum price started a recovery wave above the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,920 level.

  • Ethereum started a recovery wave above $1,820 and $1,850 levels.
  • The price is trading above $1,860 and the 100-hourly Simple Moving Average.
  • There is a connecting bullish trend line forming with support at $1,860 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must clear the $1,900 and $1,920 resistance levels to start a decent increase.

Ethereum Price Starts Recovery

Ethereum price managed to stay above the $1,750 support zone and started a recovery wave, like Bitcoin. ETH was able to climb above the $1,820 and $1,850 resistance levels.

The bulls even pushed the price above the $1,880 resistance zone. There was a move above the 50% Fib retracement level of the downward wave from the $2,032 swing high to the $1,767 low. However, the bears are active near the $1,920 zone.

Ethereum price is now trading above $1,850 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $1,860 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing hurdles near the $1,900 level. The next key resistance is near the $1,920 level and the 61.8% Fib retracement level of the downward wave from the $2,032 swing high to the $1,767 low.

Ethereum Price Approaches Resistance—Will It Smash Through?

The first major resistance is near the $1,970 level. A clear move above the $1,970 resistance might send the price toward the $2,020 resistance. An upside break above the $2,020 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,050 resistance zone or even $2,120 in the near term.

Another Decline In ETH?

If Ethereum fails to clear the $1,920 resistance, it could start another decline. Initial support on the downside is near the $1,860 level and the trend line. The first major support sits near the $1,845 zone.

A clear move below the $1,845 support might push the price toward the $1,800 support. Any more losses might send the price toward the $1,765 support level in the near term. The next key support sits at $1,710.

Technical Indicators

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

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

Major Support Level – $1,860

Major Resistance Level – $1,920

Source

Leave A Reply

Your email address will not be published.