Breaking: ETH/USD suddenly pumps by ~6% within 30 mins, reaches highest levels since February 2020

ETH/USD breaks above $250 and $260 levels in just 30 mins.
The bulls lost steam near the $270-level and dropped down.

FXStreet Team FXStreet

ETH/USD suddenly jumped by ~6% in 30 mins, going up from $248.15 to $265, shattering past the $250 and $260 psychological levels.

ETH/USD 30-min chart

ETH/USD 30-min chart shows us that the price rose from $247.25 to $262 within half an hour as the bulls suddenly took charge. The price next went all the way up to $269.68, but lost momentum near the $270-level and dropped to $264.44. The RSI has followed the bullish price action and shot up to 93.75, showing that ETH/USD is extremely overpriced right now.

Key levels

ETH/USD

Overview
Today last price	262.74
Today Daily Change	16.83
Today Daily Change %	6.84
Today daily open	245.91

Trends
Daily SMA20	237.23
Daily SMA50	236.07
Daily SMA100	217.69
Daily SMA200	199.96

Levels
Previous Daily High	247.09
Previous Daily Low	235.82
Previous Weekly High	245.34
Previous Weekly Low	229.78
Previous Monthly High	253.48
Previous Monthly Low	216.37
Daily Fibonacci 38.2%	242.78
Daily Fibonacci 61.8%	240.12
Daily Pivot Point S1	238.79
Daily Pivot Point S2	231.67
Daily Pivot Point S3	227.52
Daily Pivot Point R1	250.06
Daily Pivot Point R2	254.2
Daily Pivot Point R3	261.32

Author

FXStreet Team

FXStreet

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.