Bittime - Ethereum price rose between $3,500 and $3,650 before reaching a peak of $3,838. However, if it fails to cross the $3,780 mark, Ethereum price may fall to $3,450 or lower.
The world of crypto has attracted international attention in recent years as digital assets such as Bitcoin and Ethereum attract the interest of many investors and market players. Ethereum is one of the digital assets that gets the most attention.
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Ethereum Price Increases Again
Ethereum price continues to rise above the $3,500 and $3,650 resistance levels. ETH outperformed Bitcoin and even rose above the $3,800 level. Last week's high was formed at $3,838, but the price is now consolidating those gains.
At the moment it is still rising above the 23.6% level, rising from a low of $3,065 to a high of $3,838. Additionally, a short-term contract triangle has been formed with support at $3,690 on the hourly chart of ETH/USD. Ethereum is currently trading above $3,700.
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What is Ethereum GFailed to Pass Resistance?
If Ethereum fails to cross the $3,780 resistance, it could experience a decline. Initial support on the downside lies near the $3,690 level.A clear move below the $3,650 support might push the price towards $3,450 half of the upward move from the $3,065 swing low to the $3,838 high. The next major support is near the $3,650 zone.
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Conclusion
Ethereum price surged significantly, surpassing the $3,500 and $3,650 resistance levels, to reach a peak of $3,838 before returning to around $3,700. However, if Ethereum fails to cross the $3,780 resistance, the price may drop to $3,450 or even lower.
How To Buy Ethereum (ETH) With Bittime
You can buy and sell Ethereum (ETH) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. Ethereum (ETH) is available on Bittime with ETH IDR pairing. To be able to buy ETH IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read more:
Ethereum Price Problem: Is Ethereum Price Recovery in Danger?
Ethereum Price Soars, Here's Why!
Ethereum (ETH) Price Returns to Recovery
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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