• 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.


Additional Levels


Today last price 236.12
Today Daily Change 12.33
Today Daily Change % 5.51
Today daily open 223.79
Daily SMA20 254.37
Daily SMA50 203.12
Daily SMA100 172.59
Daily SMA200 179.13
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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