Ethereum Must Pass This Level to Start a Rise! Current ETH Analysis!

ETH

ETH/USDT

$1,986.88
+0.74%
24h Volume

$14,363,812,329.92

24h H/L

$2,009.20 / $1,956.04

Change: $53.16 (2.72%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0056%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,979.74

-1.34%

Volume (24h): -

Resistance Levels
Resistance 3$2,063.38
Resistance 2$2,023.68
Resistance 1$1,981.42
Price$1,979.74
Support 1$1,939.84
Support 2$1,875.80
Support 3$1,800.00
Pivot (PP):$1,983.09
Trend:Downtrend
RSI (14):29.4
(03:49 PM UTC)
1 min read

Contents

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  • Ethereum rose to levels of $1827 today.
  • Will Ethereum be able to break the $1875 level?
  • Which levels should Ethereum investors follow?

Will Ethereum start its rise? Can Ethereum see levels of $2000 again? Current ETH analysis!

Medium-Term Ethereum Price Analysis!

12 Hour Ethereum Price Chart Source: TradingView

When we examine the Ethereum price chart, it continues to make daily candlestick closes above the important support level of $1762.

If the ETH price makes daily candlestick closes above the $1875 level mentioned in the analysis, the ETH price can realize the next upward movement to the levels of $1965.

Ethereum must first make daily candlestick closes above the $1875 level to rise to the levels of $1965.

If Ethereum cannot make daily candlestick closes above the $1875 resistance, it can realize the downward movement to the levels of $1686.

The probability of starting the upward trend increases as the ETH price stays above the $1762 level.

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David Kim

COINOTAG author

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