Advertisement
AD

Main navigation

Advertisement
AD

Ethereum (ETH) Price Analysis for May 28

Advertisement
Sun, 28/05/2023 - 13:57
Ethereum (ETH) Price Analysis for May 28
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Bulls are holding the gained initiative, according to CoinMarketCap's ranking.

Advertisement

Top coins by CoinMarketCap

Top coins by CoinMarketCap

ETH/USD

Ethereum (ETH) has gained less than Bitcoin (BTC), going up by 0.93%.

ETH/USD chart by TradingView

Image by TradingView

The last day of the week has started with a price blast for Ethereum (ETH). At the moment, one should pay attention to the recently formed resistance at $1,860.

Related

If closure happens near it, there is a chance to see a breakout followed by a further rise to the $1,880 zone.

ETH/USD chart by TradingView

Image by TradingView

On the daily time frame, the price of Ethereum (ETH) keeps trading sideways, accumulating power for a further sharp move. A continued rise is only possible if the candle fixes above the important zone of $1,880.

ETH/USD chart by TradingView

Image by TradingView

On the bigger chart, the price has consolidated above the support level at $1,737. If the situation does not change by the end of the day, one can expect a test of the $2,000 mark by mid-June.

Ethereum is trading at $1,844 at press time.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD