spot_imgspot_imgspot_img

Has Ethereum Started its Rising Trend? Current ETH Analysis!

  • Ethereum has experienced a rise of more than 2% today.
  • Ethereum’s 24-hour volume has increased by 10% to reach $10,386,882,118.
  • If ETH price remains above $1911, where will it go?
- Advertisement -spot_img

Will Ethereum continue to rise? What are ETH’s critical support and resistance levels? What is the future of Ethereum?

Medium-Term Ethereum Price Analysis!

12 Hour ETH/USD Price Chart Source: TradingView

12 Hour ETH/USD Price Chart Source: TradingView

When we examine Ethereum’s 12-hour price chart, it has continued its upward movement by reaching the resistance zone at $1911 after closing above the $1860 level mentioned in our previous ETH analysis.

Ethereum price may continue to rise up to $2024 if it continues to close daily candles above the $1860 level.

At the time of writing, Ethereum is trading around $1910. If ETH price closes above $1911 for 4-hour candles, it may continue its upward trend.

Short-Term ETH Price Analysis!

15 Minute ETH/USD Price Chart Source: TradingView

15 Minute ETH/USD Price Chart Source: TradingView

When we examine Ethereum’s price chart in the short term, it is continuing its sideways movement in the 15-minute time frame.

Ethereum price may continue to rise up to $1950 if it closes hourly candles above $1929.

If ETH closes hourly candles below the support level of $1903 in the short term, it may continue its downward movement to $1870.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

Suggested Exchange

spot_imgspot_imgspot_imgspot_img

Latest News

October 3rd Ethereum Price Analysis: ETH Could Drop Further If It Doesn’t Hold This Support

Ethereum price fell sharply as futures ETFs received insufficient interest in the US: Will it fall further? Current ETH analysis!

October 3 Current Bitcoin Price Analysis: Will BTC Continue to Fall?

Bitcoin failed to stay above the critical $28,000 level: Critical support levels in BTC price! Current BTC short, medium and long term analysis!

If Financial Challenges Continue in the US, Bitcoin and Gold Could Shine!

If financial difficulties persist in the United States, Gold and Bitcoin could come to the forefront: How will this happen? Detailed explanation!

Can the Bitcoin Market Experience a Recession? Weakness in the Third Quarter Could Spell Trouble Ahead!

It is wondered whether there will be a recession in the Bitcoin market after the weakness seen in the 3rd quarter: Commodity Strategist explained!

Investment Firm Manager States Ethereum Investment Attracts More Attention Than Bitcoin!

Bitwise Vice President Matt Hougan shared a series of reasons explaining why investing in Ethereum is better than Bitcoin!

PRO Analysis

October 3rd Ethereum Price Analysis: ETH Could Drop Further If It Doesn’t Hold This Support

Ethereum price fell sharply as futures ETFs received insufficient interest in the US: Will it fall further? Current ETH analysis!

October 3 Current Bitcoin Price Analysis: Will BTC Continue to Fall?

Bitcoin failed to stay above the critical $28,000 level: Critical support levels in BTC price! Current BTC short, medium and long term analysis!

Ethereum Maintains Above $1700! What’s Next? Current ETH Price Analysis!

Ethereum successfully held above the critical $1700 resistance: What's the next resistance level for ETH? Current ETH analysis!

October 2nd Bitcoin Price Analysis: What Is the Next Price Target for BTC?

Bitcoin began the first week of October with an uptrend: What will be Bitcoin's next target? Current support and resistance levels for BTC!

October 1st Current Polygon (MATIC) Price Analysis: Is MATIC Coin Starting an Upside Rally?

Polygon (MATIC) has surged in the last 24 hours by breaking an important resistance level: Will MATIC coin continue its upward movement?
spot_imgspot_imgspot_imgspot_img
Gideon Wolf
Gideon Wolfhttps://en.coinotag.com/
GideonWolff is a 27-year-old technical analyst and journalist with extensive experience in the cryptocurrency industry. With a focus on technical analysis and news reporting, GideonWolff provides valuable insights on market trends and potential opportunities for both investors and those interested in the world of cryptocurrency.
spot_imgspot_imgspot_imgspot_img

October 3rd Ethereum Price Analysis: ETH Could Drop Further If It Doesn’t Hold This Support

Ethereum price fell sharply as futures ETFs received insufficient interest in the US: Will it fall further? Current ETH analysis!

October 3 Current Bitcoin Price Analysis: Will BTC Continue to Fall?

Bitcoin failed to stay above the critical $28,000 level: Critical support levels in BTC price! Current BTC short, medium and long term analysis!

Investment Firm Manager States Ethereum Investment Attracts More Attention Than Bitcoin!

Bitwise Vice President Matt Hougan shared a series of reasons explaining why investing in Ethereum is better than Bitcoin!

LEAVE A REPLY

Please enter your comment!
Please enter your name here