By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Search
  • About us
  • Advertise with us
  • Contact us
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Ethereum Price Usd | Ethereum Gains Momentum, Dips Turn Attractive In Near-Term
Share
Sign In
0

No products in the cart.

Notification Show More
Latest News
PrimeXBT award winning crypto
PrimeXBT Review 2022: The award-winning crypto trading app
June 27, 2022
82 of Latino consumers want crypto functions directly available from TradFi – Mastercard
82% of Latino consumers want crypto functions directly available from TradFi  – Mastercard
June 27, 2022
How Seeds of Happiness is promoting positivity with NFTs
How Seeds of Happiness is promoting positivity with NFTs
June 26, 2022
BAYC co founder Gordon Goner
Bored Ape founders address the Nazi allegations
June 26, 2022
Cryptoys is building a metaverse of NFTs for kids
Cryptoys is building a metaverse of NFTs for kids
June 26, 2022
Aa
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Aa
Search
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Contact us
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
HOME > Crypto and NFT NEWS > ETHEREUM NEWS > Ethereum Price Usd | Ethereum Gains Momentum, Dips Turn Attractive In Near-Term
Crypto and NFT NEWSETHEREUM NEWS

Ethereum Price Usd | Ethereum Gains Momentum, Dips Turn Attractive In Near-Term

NFT Studio 24
NFT Studio 24 November 26, 2021 151 Views 3 Min Read
Updated 2022/02/08 at 5:02 PM
Share
3 Min Read
Ethereum Price Usd
SHARE

Ethereum price usd is trading in a bullish zone above the $4,350 level. ETH could accelerate higher if there is a clear break above the $4,550 resistance zone.

Contents
Ethereum Price Extends GainsDips Limited in ETH?
  • ETHEREUM IS TRADING IN A BULLISH ZONE ABOVE THE $4,350 LEVEL.
  • THE PRICE IS NOW WELL ABOVE $4,250 AND THE 100 HOURLY SIMPLE MOVING AVERAGE.
  • THERE IS A MAJOR BULLISH TREND LINE FORMING WITH SUPPORT NEAR $4,360 ON THE HOURLY CHART OF ETH/USD (DATA FEED VIA KRAKEN).
  • THE PAIR COULD CONTINUE HIGHER IF IT STAYS ABOVE THE $4,350 SUPPORT LEVEL IN THE NEAR TERM.

Ethereum Price Extends Gains

Ethereum extended increase above the $4,350 resistance level. ETH price even broke the $4,440 level and settled well above the 100 hourly simple moving average.

There was a steady increase and the even climbed above $4,500. A high was formed near $4,552 and the price is now correcting lower. It traded below the $4,500 level. There was a break below the 23.6% Fib retracement level of the upward move from the $4,169 swing low to $4,552 high.

Ether price is now well above $4,250 and the 100 hourly simple moving average. There is also a major bullish trend line forming with support near $4,360 on the hourly chart of ETH/USD.

Ethereum Price
Source: ETHUSD on TradingView.com

An initial resistance on the upside is near the $4,500 level. The first major resistance is near the $4,550 level. A close above the $4,500 and $4,550 levels could start a fresh increase in the near term. In the stated case, the price might rise towards the $4,620 level. Any more gains could lift the price towards the $4,750 zone in the near term.


Dips Limited in ETH?

If ethereum fails to start a fresh increase above the $4,500 level, it could extend its downside correction. An initial support on the downside is near the $4,400 level.

The first key support is now forming near the $4,350 level, the trend line, and the 100 hourly simple moving average. The trend line is near the 50% Fib retracement level of the upward move from the $4,169 swing low to $4,552 high. A downside break below the trend line could lead the price towards the $4,250 support.

TECHNICAL INDICATORS

Hourly MACD – The MACD for ETH/USD is gaining pace in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now correcting lower towards the 40 level.

Major Support Level – $4,350

Major Resistance Level – $4,550

- SUBMIT YOUR PRESS RELEASE -
Ad imageAd image

Don’t miss the Important NFT Drops

Are you tired of missing important NFT drops?

  • Just check out our NFT Collection page! Click here
  • For Upcoming NFTs projects, Click here

You Might Also Like

PrimeXBT Review 2022: The award-winning crypto trading app

82% of Latino consumers want crypto functions directly available from TradFi  – Mastercard

How Seeds of Happiness is promoting positivity with NFTs

Bored Ape founders address the Nazi allegations

Cryptoys is building a metaverse of NFTs for kids

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
NFT Studio 24 November 26, 2021
Share this Article
Facebook TwitterEmail Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Bitcoin Price Action Bitcoin Price Action | Bitcoin Hits 6-Week Lows In Hours As 24-Hour Crypto Liquidations Near $650M
Next Article Altcoin Project Altcoin Project Announces Partnership with Crypto Giant Coinbase

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

PrimeXBT award winning crypto
PrimeXBT Review 2022: The award-winning crypto trading app
Crypto and NFT NEWS June 27, 2022
82 of Latino consumers want crypto functions directly available from TradFi – Mastercard
82% of Latino consumers want crypto functions directly available from TradFi  – Mastercard
Crypto and NFT NEWS June 27, 2022
How Seeds of Happiness is promoting positivity with NFTs
How Seeds of Happiness is promoting positivity with NFTs
Crypto and NFT NEWS LATEST NFT NEWS June 26, 2022
- Career -
Ad imageAd image

You Might also Like

PrimeXBT award winning crypto
Crypto and NFT NEWS

PrimeXBT Review 2022: The award-winning crypto trading app

June 27, 2022
82 of Latino consumers want crypto functions directly available from TradFi – Mastercard
Crypto and NFT NEWS

82% of Latino consumers want crypto functions directly available from TradFi  – Mastercard

June 27, 2022
How Seeds of Happiness is promoting positivity with NFTs
Crypto and NFT NEWSLATEST NFT NEWS

How Seeds of Happiness is promoting positivity with NFTs

June 26, 2022
BAYC co founder Gordon Goner
Crypto and NFT NEWSLATEST NFT NEWS

Bored Ape founders address the Nazi allegations

June 26, 2022
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

Recent Posts

  • PrimeXBT Review 2022: The award-winning crypto trading app
  • 82% of Latino consumers want crypto functions directly available from TradFi  – Mastercard
  • How Seeds of Happiness is promoting positivity with NFTs
  • Bored Ape founders address the Nazi allegations
  • Cryptoys is building a metaverse of NFTs for kids

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance

Quick Link

  • ABOUT US
  • CAREER
  • CONTACT US
//

Subscribe to our newsletter to get our newest articles instantly!

NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

  • bitcoinBitcoin(BTC)$20,610.00-2.29%
  • ethereumEthereum(ETH)$1,170.45-3.69%
  • tetherTether(USDT)$1.00-0.02%
  • usd-coinUSD Coin(USDC)$1.000.13%
  • binancecoinBNB(BNB)$231.92-1.43%
  • Binance USDBinance USD(BUSD)$1.00-0.06%
  • rippleXRP(XRP)$0.343734-5.75%
  • cardanoCardano(ADA)$0.476845-4.35%
  • SolanaSolana(SOL)$37.21-6.26%
  • dogecoinDogecoin(DOGE)$0.069327-8.03%
  • polkadotPolkadot(DOT)$7.51-5.57%
  • Shiba InuShiba Inu(SHIB)$0.000011-5.50%
  • daiDai(DAI)$1.000.11%
  • tronTRON(TRX)$0.065862-0.86%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$20,656.00-2.08%
  • leo-tokenLEO Token(LEO)$5.83-0.82%
  • AvalancheAvalanche(AVAX)$18.85-5.35%
  • Lido Staked EtherLido Staked Ether(STETH)$1,132.33-3.65%
  • matic-networkPolygon(MATIC)$0.51-10.28%
  • litecoinLitecoin(LTC)$54.34-5.62%
  • FTXFTX(FTT)$26.87-2.01%
  • OKBOKB(OKB)$12.18-3.24%
  • CronosCronos(CRO)$0.122566-2.39%
  • chainlinkChainlink(LINK)$6.35-7.28%
  • stellarStellar(XLM)$0.115734-5.28%
  • NEAR ProtocolNEAR Protocol(NEAR)$3.56-7.94%
  • UniswapUniswap(UNI)$5.16-9.18%
  • algorandAlgorand(ALGO)$0.321080-4.36%
  • cosmosCosmos Hub(ATOM)$7.56-7.59%
  • ethereum-classicEthereum Classic(ETC)$15.98-7.34%
  • moneroMonero(XMR)$117.34-7.15%
  • bitcoin-cashBitcoin Cash(BCH)$108.80-5.01%
  • ChainChain(XCN)$0.0917878.65%
  • Theta FuelTheta Fuel(TFUEL)$0.052151-0.86%
  • FlowFlow(FLOW)$1.721.92%
  • vechainVeChain(VET)$0.023984-3.40%
  • ApeCoinApeCoin(APE)$4.830.37%
  • HederaHedera(HBAR)$0.067753-2.67%
  • The SandboxThe Sandbox(SAND)$1.14-5.60%
  • decentralandDecentraland(MANA)$0.94-1.23%
  • tezosTezos(XTZ)$1.565.48%
  • Internet ComputerInternet Computer(ICP)$5.63-3.84%
  • FraxFrax(FRAX)$1.00-0.27%
  • theta-tokenTheta Network(THETA)$1.30-4.36%
  • filecoinFilecoin(FIL)$5.66-4.49%
  • Axie InfinityAxie Infinity(AXS)$15.39-5.99%
  • ElrondElrond(EGLD)$54.13-4.75%
  • true-usdTrueUSD(TUSD)$1.000.06%
  • HeliumHelium(HNT)$10.73-0.75%
  • bitcoin-cash-svBitcoin SV(BSV)$58.34-4.34%
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?