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

ETH

ETH/USDT

$2,898.89
+3.35%
24h Volume

$21,242,003,359.32

24h H/L

$2,951.21 / $2,787.00

Change: $164.21 (5.89%)

Long/Short
73.8%
Long: 73.8%Short: 26.2%
Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,898.88

2.91%

Volume (24h): -

Resistance Levels
Resistance 3$3,246.29
Resistance 2$3,110.14
Resistance 1$2,961.45
Price$2,898.88
Support 1$2,805.79
Support 2$2,684.92
Support 3$2,180.17
Pivot (PP):$2,887.49
Trend:Downtrend
RSI (14):39.5
(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.

DK

David Kim

COINOTAG author

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