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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Even though the cryptocurrency market is bullish, <a rel="nofollow" target="_blank" href="#-doge-and-shib-price-analysis-for-november-2">some coins</a> have already entered the correction phase.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    ETH/USD
    
    The rate of Ethereum (ETH) is almost unchanged since yesterday. The price rise has increased by 0.86% over the last 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    On the hourly chart, Ethereum (ETH) has touched the zone of the most liquidity around <a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-november-1">$4,500</a>, which means that bulls may&nbsp;have gained enough power for&nbsp;continued growth. In this case, the main altcoin may come back to the resistance at $4,591 by the end of the day.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    At the moment, trading volumes have decreased, and the price has retraced slightly. One believes that sellers can push the pair back to the zone of yesterday's high, and then growth may resume to a new historical maximum around $4,700.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Ethereum (ETH) made a false breakout after setting a new peak at $4,643. The selling volume is low, which means that the current decline might be considered as a&nbsp;pullback before&nbsp;further growth.
    
    <a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-october-31">card</a>
    
    However, one may expect the&nbsp;price to drop to the nearest support level at $4,375, followed by a fast bounceback.
    
    Ethereum is trading at $4,497 at press time.
    ') (Line: 1145)
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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Even though the cryptocurrency market is bullish, <a rel="nofollow" target="_blank" href="#-doge-and-shib-price-analysis-for-november-2">some coins</a> have already entered the correction phase.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    ETH/USD
    
    The rate of Ethereum (ETH) is almost unchanged since yesterday. The price rise has increased by 0.86% over the last 24 hours.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    On the hourly chart, Ethereum (ETH) has touched the zone of the most liquidity around <a rel="nofollow" target="_blank" href="#-eth-and-xrp-price-analysis-for-november-1">$4,500</a>, which means that bulls may&nbsp;have gained enough power for&nbsp;continued growth. In this case, the main altcoin may come back to the resistance at $4,591 by the end of the day.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    At the moment, trading volumes have decreased, and the price has retraced slightly. One believes that sellers can push the pair back to the zone of yesterday's high, and then growth may resume to a new historical maximum around $4,700.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/LTCUSD">ETH/USD chart by TradingView</a>
    Ethereum (ETH) made a false breakout after setting a new peak at $4,643. The selling volume is low, which means that the current decline might be considered as a&nbsp;pullback before&nbsp;further growth.
    
    <a rel="nofollow" target="_blank" href="#-ada-and-bnb-price-analysis-for-october-31">card</a>
    
    However, one may expect the&nbsp;price to drop to the nearest support level at $4,375, followed by a fast bounceback.
    
    Ethereum is trading at $4,497 at press time.
    ') (Line: 1145)
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Ethereum (ETH) Price Analysis for November 3

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Wed, 3/11/2021 - 15:29
Ethereum (ETH) Price Analysis for November 3
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.

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Even though the cryptocurrency market is bullish, some coins have already entered the correction phase.

Advertisement
Top coins by CoinMarketCap
Top coins by CoinMarketCap

ETH/USD

The rate of Ethereum (ETH) is almost unchanged since yesterday. The price rise has increased by 0.86% over the last 24 hours.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

On the hourly chart, Ethereum (ETH) has touched the zone of the most liquidity around $4,500, which means that bulls may have gained enough power for continued growth. In this case, the main altcoin may come back to the resistance at $4,591 by the end of the day.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

At the moment, trading volumes have decreased, and the price has retraced slightly. One believes that sellers can push the pair back to the zone of yesterday's high, and then growth may resume to a new historical maximum around $4,700.

ETH/USD chart by TradingView
ETH/USD chart by TradingView

Ethereum (ETH) made a false breakout after setting a new peak at $4,643. The selling volume is low, which means that the current decline might be considered as a pullback before further growth.

card

However, one may expect the price to drop to the nearest support level at $4,375, followed by a fast bounceback.

Ethereum is trading at $4,497 at press time.

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