Advertisement
AD

Main navigation

Advertisement
AD

Ethereum (ETH) Price Analysis for November 24

Advertisement
Thu, 24/11/2022 - 15:52
Ethereum (ETH) Price Analysis for November 24
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

The market keeps slowly rising as most of the coins are in the green zone.

Advertisement

Top 10coins

ETH/USD

The rate of Ethereum (ETH) has increased by 3.24% over the last 24 hours.

ETH/USD

On the hourly chart, Bitcoin (BTC) keeps returning to the recently formed support level of $1,193.

Related

If buyers cannot seize the initiative by the end of the day, the fall may continue to the $1,180 mark.

ETH/USD chart

The situation differs on the bigger time frame. Despite the recent growth, Ethereum (ETH) has not entered the bullish zone yet as the price remains below the vital $1,300 area. Thus, the volume is low, which means that buyers are not ready yet for the upward move.

ETH/BTC

Analyzing the chart against Bitcoin (BTC), Ethereum (ETH) has entered the bullish zone after the breakout of the resistance level at BTC 0.0717. If buyers can hold the gained initiative, the rise may lead to the test of the interim resistance zone at BTC 0.074.

Ethereum is trading at $1,193 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