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Ethereum Price at Support: Will It Bounce or Break? Newsbtc 09 окт 2024

Ethereum Price at Support: Will It Bounce or Break? 📈

Ethereum's price is experiencing consolidation near the $2,400 support level after a downside correction below the $2,500 zone. The cryptocurrency is trading just above $2,430 and the 100-hourly Simple Moving Average, indicating potential for a fresh increase if it surmounts the $2,465 resistance.

A short-term rising channel, with support at $2,420, suggests that Ethereum could target higher levels if it breaks above $2,500, with the next resistance set around $2,600 or $2,650.

Conversely, failure to clear $2,465 may trigger a decline, with initial support around $2,420 and major support at $2,390. A significant downside could push the price below $2,325, with critical support at $2,120.

Technical indicators such as the MACD and RSI show Ethereum is losing bearish momentum and is currently above the 50 zone, respectively, which could influence upcoming price movements.

Источник: www.newsbtc.com ↗

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Ethereum Tests $3.6K Resistance: Could a Breakout Lead to $3.9K? Coinotag 3 недели назад
Ethereum Tests $3.6K Resistance: Could a Breakout Lead to $3.9K?
Ethereum Poised for Volatility: Key Liquidation Thresholds at $3800 and $3600 Explained Coinotag 3 недели назад
Ethereum Poised for Volatility: Key Liquidation Thresholds at $3800 and $3600 Explained
Ethereum Surpasses $3,000 Amid Gains While Trader Suggests Potential Reversal Coinotag 09 ноя 2024
Ethereum Surpasses $3,000 Amid Gains While Trader Suggests Potential Reversal
Ether Appears Poised for Breakout Above $3,700 Despite Selling Pressure from Whales and Early Investors Coinotag 22 ноя 2024
Ether Appears Poised for Breakout Above $3,700 Despite Selling Pressure from Whales and Early Investors
Ethereum Price Targets $3,562 Amid Strong Bullish Momentum and Potential for Further Gains Coinotag 13 ноя 2024
Ethereum Price Targets $3,562 Amid Strong Bullish Momentum and Potential for Further Gains
Ethereum Price Analysis: Potential Decline Below $2,900 or Rebound Toward $3,443 Amid Weak Market Momentum Coinotag 15 ноя 2024
Ethereum Price Analysis: Potential Decline Below $2,900 or Rebound Toward $3,443 Amid Weak Market Momentum
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level? Coinotag 08 окт 2024
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level?
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000 Coinotag 27 окт 2024
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102? Coinotag 15 окт 2024
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102?
Ethereum Faces Critical Resistance as ETH/BTC Pair Struggles in Market Dynamics Coinotag 17 ноя 2024
Ethereum Faces Critical Resistance as ETH/BTC Pair Struggles in Market Dynamics
Ethereum Approaches Critical $3,920 Resistance Level Amidst Bullish Momentum and Increased Whale Activity Coinotag 2 недели назад
Ethereum Approaches Critical $3,920 Resistance Level Amidst Bullish Momentum and Increased Whale Activity
Ethereum Eyes $4,000 Amid Resistance at $3,900: Will Bulls Breakthrough? Coinotag 1 неделю назад
Ethereum Eyes $4,000 Amid Resistance at $3,900: Will Bulls Breakthrough?
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn? Coinotag 18 окт 2024
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn?
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000? Coinotag 08 окт 2024
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000?
Ethereum Shows Potential for Growth, Eyes Resistance Levels Between $3,420 and $3,600 Coinotag 23 ноя 2024
Ethereum Shows Potential for Growth, Eyes Resistance Levels Between $3,420 and $3,600
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062? Coinotag 10 окт 2024
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062?
Ethereum Shows Signs of Resilience as Bulls Aim for Potential Rally Toward $3,600 Amid Decreasing Selling Pressure Coinotag 17 ноя 2024
Ethereum Shows Signs of Resilience as Bulls Aim for Potential Rally Toward $3,600 Amid Decreasing Selling Pressure
Could Ethereum Approach $3K as Bitcoin Remains Dominant After Election? Coinotag 09 ноя 2024
Could Ethereum Approach $3K as Bitcoin Remains Dominant After Election?