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

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

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 price262.74
Today Daily Change16.83
Today Daily Change %6.84
Today daily open245.91
 
Trends
Daily SMA20237.23
Daily SMA50236.07
Daily SMA100217.69
Daily SMA200199.96
 
Levels
Previous Daily High247.09
Previous Daily Low235.82
Previous Weekly High245.34
Previous Weekly Low229.78
Previous Monthly High253.48
Previous Monthly Low216.37
Daily Fibonacci 38.2%242.78
Daily Fibonacci 61.8%240.12
Daily Pivot Point S1238.79
Daily Pivot Point S2231.67
Daily Pivot Point S3227.52
Daily Pivot Point R1250.06
Daily Pivot Point R2254.2
Daily Pivot Point R3261.32

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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