• bitcoinBitcoin (BTC) $ 108,101.00
  • ethereumEthereum (ETH) $ 2,520.93
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.23
  • bnbBNB (BNB) $ 654.75
  • solanaSolana (SOL) $ 148.14
  • usd-coinUSDC (USDC) $ 0.999858
  • tronTRON (TRX) $ 0.283452
  • dogecoinDogecoin (DOGE) $ 0.164015
  • staked-etherLido Staked Ether (STETH) $ 2,520.48
  • cardanoCardano (ADA) $ 0.574190
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 107,995.00
  • hyperliquidHyperliquid (HYPE) $ 38.89
  • wrapped-stethWrapped stETH (WSTETH) $ 3,044.16
  • suiSui (SUI) $ 2.89
  • bitcoin-cashBitcoin Cash (BCH) $ 483.40
  • chainlinkChainlink (LINK) $ 13.17
  • leo-tokenLEO Token (LEO) $ 9.02
  • avalanche-2Avalanche (AVAX) $ 17.86
  • usdsUSDS (USDS) $ 0.999839
  • stellarStellar (XLM) $ 0.237976
  • wrapped-eethWrapped eETH (WEETH) $ 2,700.07
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • the-open-networkToncoin (TON) $ 2.74
  • wethWETH (WETH) $ 2,520.40
  • litecoinLitecoin (LTC) $ 86.69
  • whitebitWhiteBIT Coin (WBT) $ 45.29
  • hedera-hashgraphHedera (HBAR) $ 0.152637
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 315.61
  • ethena-usdeEthena USDe (USDE) $ 0.999939
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,078.00
  • bitget-tokenBitget Token (BGB) $ 4.39
  • polkadotPolkadot (DOT) $ 3.35
  • uniswapUniswap (UNI) $ 7.26
  • aaveAave (AAVE) $ 272.14
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 0.999899
  • pi-networkPi Network (PI) $ 0.449628
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.49
  • bittensorBittensor (TAO) $ 321.35
  • aptosAptos (APT) $ 4.40
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 179.83
  • nearNEAR Protocol (NEAR) $ 2.13
  • internet-computerInternet Computer (ICP) $ 4.76
  • crypto-com-chainCronos (CRO) $ 0.080579
  • ethereum-classicEthereum Classic (ETC) $ 16.32
  • ondo-financeOndo (ONDO) $ 0.778266
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.074773
  • fasttokenFasttoken (FTN) $ 4.44
  • mantleMantle (MNT) $ 0.562242
  • gatechain-tokenGate (GT) $ 15.16
  • cosmosCosmos Hub (ATOM) $ 4.00
  • vechainVeChain (VET) $ 0.020540
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.656511
  • official-trumpOfficial Trump (TRUMP) $ 8.53
  • bonkBonk (BONK) $ 0.000022
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,044.00
  • render-tokenRender (RENDER) $ 3.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.180656
  • skySky (SKY) $ 0.076319
  • ethenaEthena (ENA) $ 0.254777
  • arbitrumArbitrum (ARB) $ 0.324597
  • filecoinFilecoin (FIL) $ 2.24
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,520.58
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.46
  • algorandAlgorand (ALGO) $ 0.174844
  • worldcoin-wldWorldcoin (WLD) $ 0.872377
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997953
  • sei-networkSei (SEI) $ 0.263953
  • usdtbUSDtb (USDTB) $ 0.999668
  • kucoin-sharesKuCoin (KCS) $ 11.02
  • binance-staked-solBinance Staked SOL (BNSOL) $ 157.21
  • usdt0USDT0 (USDT0) $ 0.999856
  • jupiter-exchange-solanaJupiter (JUP) $ 0.442996
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.70
  • nexoNEXO (NEXO) $ 1.24
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,640.73
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,870.45
  • fartcoinFartcoin (FARTCOIN) $ 1.18
  • flare-networksFlare (FLR) $ 0.016737
  • spx6900SPX6900 (SPX) $ 1.21
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • injective-protocolInjective (INJ) $ 10.70
  • xdce-crowd-saleXDC Network (XDC) $ 0.064366
  • celestiaCelestia (TIA) $ 1.48
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.016266
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.54
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • sonic-3Sonic (S) $ 0.307307
  • blockstackStacks (STX) $ 0.645218
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,689.04
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,646.26
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pax-goldPAX Gold (PAXG) $ 3,345.90
  • optimismOptimism (OP) $ 0.532112
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,087.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 107,864.00
  • wbnbWrapped BNB (WBNB) $ 655.01
  • paypal-usdPayPal USD (PYUSD) $ 0.999560
  • kaiaKaia (KAIA) $ 0.149031
  • dogwifcoindogwifhat (WIF) $ 0.857164
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,654.83
  • story-2Story (IP) $ 2.94
  • clbtcclBTC (CLBTC) $ 107,876.00
  • tether-goldTether Gold (XAUT) $ 3,336.46
  • the-graphThe Graph (GRT) $ 0.082840
  • immutable-xImmutable (IMX) $ 0.418186
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.23
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 166.07
  • flokiFLOKI (FLOKI) $ 0.000079
  • vaultaVaulta (A) $ 0.477077
  • msolMarinade Staked SOL (MSOL) $ 193.39
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,723.51
  • ousgOUSG (OUSG) $ 111.69
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • theta-tokenTheta Network (THETA) $ 0.685527
  • curve-dao-tokenCurve DAO (CRV) $ 0.494946
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997799
  • jito-governance-tokenJito (JTO) $ 1.94
  • lido-daoLido DAO (LDO) $ 0.721667
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • galaGALA (GALA) $ 0.013908
  • zcashZcash (ZEC) $ 38.28
  • aerodrome-financeAerodrome Finance (AERO) $ 0.720201
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.42
  • wrapped-hypeWrapped HYPE (WHYPE) $ 38.81
  • iotaIOTA (IOTA) $ 0.156412
  • bittorrentBitTorrent (BTT) $ 0.00000060
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,814.00
  • the-sandboxThe Sandbox (SAND) $ 0.241291
  • jasmycoinJasmyCoin (JASMY) $ 0.012118
  • usual-usdUsual USD (USD0) $ 0.997976
  • syrupMaple Finance (SYRUP) $ 0.543861
  • raydiumRaydium (RAY) $ 2.17
  • saros-financeSaros (SAROS) $ 0.218413
  • walrus-2Walrus (WAL) $ 0.410616
  • tbtctBTC (TBTC) $ 108,011.00
  • super-oethSuper OETH (SUPEROETH) $ 2,520.43
  • pyth-networkPyth Network (PYTH) $ 0.096378
  • pendlePendle (PENDLE) $ 3.34
  • tezosTezos (XTZ) $ 0.521799
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,519.09
  • falcon-financeFalcon USD (USDF) $ 0.999772
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,689.78
  • newton-projectAB (AB) $ 0.008124
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,604.08
  • flowFlow (FLOW) $ 0.322321
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,128.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,519.75
  • decentralandDecentraland (MANA) $ 0.259390
  • coredaoorgCore (CORE) $ 0.494294
  • true-usdTrueUSD (TUSD) $ 0.997034
  • ripple-usdRipple USD (RLUSD) $ 0.999735
  • staked-hypeStaked HYPE (STHYPE) $ 38.82
  • apecoinApeCoin (APE) $ 0.598969
  • bitcoin-svBitcoin SV (BSV) $ 24.02
  • chain-2Onyxcoin (XCN) $ 0.013763
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999800
  • venomVenom (VENOM) $ 0.219262
  • thorchainTHORChain (RUNE) $ 1.30
  • apenftAPENFT (NFT) $ 0.00000044
  • dexeDeXe (DEXE) $ 7.57
  • beldexBeldex (BDX) $ 0.060201
  • kavaKava (KAVA) $ 0.393369
  • morphoMorpho (MORPHO) $ 1.36
  • based-brettBrett (BRETT) $ 0.042615
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004224
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.164016
  • usddUSDD (USDD) $ 0.999858
  • heliumHelium (HNT) $ 2.23
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.999945
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006951
  • starknetStarknet (STRK) $ 0.111203
  • movementMovement (MOVE) $ 0.152075
  • stader-ethxStader ETHx (ETHX) $ 2,681.15
  • dydx-chaindYdX (DYDX) $ 0.512335
  • compound-governance-tokenCompound (COMP) $ 40.69
  • neoNEO (NEO) $ 5.37
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.995295
  • elrond-erd-2MultiversX (EGLD) $ 13.23
  • mog-coinMog Coin (MOG) $ 0.00000096
  • kaitoKAITO (KAITO) $ 1.54
  • conflux-tokenConflux (CFX) $ 0.072188
  • aioz-networkAIOZ Network (AIOZ) $ 0.309335
  • ecasheCash (XEC) $ 0.000018
  • deepDeepBook (DEEP) $ 0.145034
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,519.58
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 107,811.00
  • axie-infinityAxie Infinity (AXS) $ 2.15
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 1.00
  • build-onBUILDon (B) $ 0.349298
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,775.25
  • telcoinTelcoin (TEL) $ 0.003791
  • ether-fiEther.fi (ETHFI) $ 0.926141

Ethereum Price Retreats—Will It Find Support or Drop Further?

0 39

Ethereum Price Retreats—Will It Find Support or Drop Further?

Ethereum price failed to clear the $2,320 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,220 resistance.

  • Ethereum started a fresh upward move above the $2,120 support zone.
  • The price is trading below $2,220 and the 100-hourly Simple Moving Average.
  • There was a break below a key rising channel with support at $2,220 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must clear the $2,220 and $2,320 resistance levels to start a decent increase.

Ethereum Price Dips Again

Ethereum price started a decent increase from the $2,000 zone, like Bitcoin. ETH climbed above the $2,120 and $2,200 resistance levels. However, the bears were active near $2,320 and pushed the price back below $2,220.

There was a break below a key rising channel with support at $2,220 on the hourly chart of ETH/USD. A low was formed at $2,103 and the price is now attempting a recovery wave. There was a move above the $2,120 and $2,150 resistance levels.

It cleared the 23.6% Fib retracement level of the downward move from the $2,319 swing high to the $2,103 low. Ethereum price is now trading below $2,220 and the 100-hourly Simple Moving Average.

On the upside, the price seems to be facing hurdles near the $2,220 level. It is close to the 50% Fib retracement level of the downward move from the $2,319 swing high to the $2,103 low. The next key resistance is near the $2,275 level.

Ethereum Price Retreats—Will It Find Support or Drop Further?

The first major resistance is near the $2,320 level. A clear move above the $2,320 resistance might send the price toward the $2,420 resistance. An upside break above the $2,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.

Another Drop In ETH?

If Ethereum fails to clear the $2,220 resistance, it could start another decline. Initial support on the downside is near the $2,100 level. The first major support sits near the $2,050 zone.

A clear move below the $2,050 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,880 support level in the near term. The next key support sits at $1,740.

Technical Indicators

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

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

Major Support Level – $2,100

Major Resistance Level – $2,220

Source

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