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Ethereum (ETH) Price Analysis for November 10

Thu, 11/10/2022 - 16:00
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Denys Serhiichuk
Has fall ended for Ethereum (ETH)?
Ethereum (ETH) Price Analysis for November 10
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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The market might have found the local bottom as most of the coins are in the green zone.

Top coins by CoinMarketCap


Ethereum (ETH) is one of the biggest gainers today, rising by more than 7%.

ETH/USD chart by TradingView

On the hourly chart, Ethereum (ETH) has bounced off the support level at $1,171. At the moment, the price is trying to fix above the resistance at $1,310. If buyers can do that by the end of the day, there are chances to see further growth tomorrow.

ETH/USD chart by TradingView

On the bigger time frame, the situation is also positive as the rate is able to fix above yesterday's high at $1,336. If that happens and the volume keeps rising, bulls might seize the initiative and try to restore the rate to the next resistance zone around $1,500.

ETH/BTC chart by TradingView

Analyzing the chart against Bitcoin (BTC), Ethereum (ETH) has almost immediately gotten back in the game as the bar is about to close in the bullish zone, above BTC 0.07175.

DOGE and SHIB Price Analysis for November 9

In this case, traders might see a further rise to the BTC 0.08 mark shortly.

Ethereum is trading at $1,334 at press time.

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About the author

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.
Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at