- Ethereum has bounced back on Thursday after a few tough sessions.
- The price has just met some intraday resistance at the 38.2% Fibonacci level.
ETH/USD 1-Hour Chart
Ethereum fell around 27% from the high seen on February 18th.
Now there have been some signs of a small recovery but more data is needed.
Today the price has moved 4.5% higher but stopped short on the 38.2% Fibonacci level (240.00).
For the downtrend to continue a close below 215.00 would be needed.
On the upside, the next resistance is at 250.00 and on the chart below you can see it had been used many times.
|Today last price||236.12|
|Today Daily Change||12.33|
|Today Daily Change %||5.51|
|Today daily open||223.79|
|Previous Daily High||250.25|
|Previous Daily Low||217.59|
|Previous Weekly High||287.04|
|Previous Weekly Low||237.24|
|Previous Monthly High||186.73|
|Previous Monthly Low||125.81|
|Daily Fibonacci 38.2%||230.06|
|Daily Fibonacci 61.8%||237.77|
|Daily Pivot Point S1||210.84|
|Daily Pivot Point S2||197.88|
|Daily Pivot Point S3||178.18|
|Daily Pivot Point R1||243.49|
|Daily Pivot Point R2||263.2|
|Daily Pivot Point R3||276.15|
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