TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

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.

More from FXStreet Team
Share:

Editor's Picks

Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano reclaims trading above the key support zone on Monday after a 2.85% correction last week. Improving derivatives positioning and constructive technical outlook support a recovery for ADA. Derivatives data shows an improving sentiment among Cardano traders. CoinGlass’ long-to-short ratio for ADA reads 1.01 on Monday, flipping into green territory.

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash trades around $1,278 at press time on Monday, holding the previous day's 4% gains and showing a steady recovery over the last three days. Institutional demand for Zcash remains low, with Grayscale’s ZEC-focused Exchange Traded Fund recording $30 million in outflows last week.

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Bitcoin takes back $83,500 on Monday after a sharp correction, with the Crypto King slipping below $81,000 the previous week. Ethereum and Ripple followed BTC’s footsteps, recovering and reclaiming the $2,500 and $1.400 marks after a pullback last week.

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum saw a brief recovery on Friday, up 3% over the past 24 hours, but remains below the $2,500 key level as derivatives continue to show weakness. Open interest, the total value of outstanding contracts in a derivatives market, briefly rose to 13.29 million ETH earlier on Thursday as prices fell, before retreating to 12.83 million ETH.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.