TRENDING:
EUR/USD
GBP/USD
XAU/USD
Trade War
USD/CAD
AUD/USD
Sponsored by
Login
|

Ethereum Price Analysis: ETH/USD looks to the heavens

  • Ethereum is trading like a rocket on Wednesday up around 10.88%.
  • The price will be heading to some key resistance levels outlined on the chart.
Ethereum Price Analysis: ETH/USD looks to the heavens
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

ETH/USD Daily Chart

Ethereum is steaming ahead today as crypto sentiment skyrockets again.

The ETH/USD pair is trading over 10% higher and could now hit some important resistance zones.

272.00 has provided some support in the past and therefore could act like a resistance area this time out.

Beyond that closer to 360.00 is the next target and if this momentum keeps up it might just get there.

The interesting thing is the fact that the volume is backing this move as you can see from the volume indicator at the bottom.

When the market pushes we normally hope that the volume rises too for confirmation and this is definitely the case.

Ethereum price chart

Additional Levels

ETH/USD

Overview
Today last price262.53
Today Daily Change24.80
Today Daily Change %10.43
Today daily open237.73
 
Trends
Daily SMA20191.93
Daily SMA50163.61
Daily SMA100160.92
Daily SMA200175.69
 
Levels
Previous Daily High239.55
Previous Daily Low217.93
Previous Weekly High224.35
Previous Weekly Low179.06
Previous Monthly High186.73
Previous Monthly Low125.81
Daily Fibonacci 38.2%231.29
Daily Fibonacci 61.8%226.19
Daily Pivot Point S1223.92
Daily Pivot Point S2210.11
Daily Pivot Point S3202.3
Daily Pivot Point R1245.55
Daily Pivot Point R2253.36
Daily Pivot Point R3267.17

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

More from Rajan Dhall, MSTA
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe recover, echoing Bitcoin rebound

Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe recover, echoing Bitcoin rebound

Dogecoin, Shiba Inu, and Pepe are trading mixed as Bitcoin records minor gains on Monday, warming sentiment across the broader cryptocurrency market. Still, the incipient recovery in Dogecoin, Shiba Inu, and Pepe remains fragile amid the prevailing downtrend.

Bitcoin consolidates as downside risks persist

Bitcoin consolidates as downside risks persist

Bitcoin has made only three wave rallies from the November lows, which is one of the most important indications that more weakness may still lie ahead.

Polkadot's (DOT) dips, with token underperforming wider crypto markets

Polkadot's (DOT) dips, with token underperforming wider crypto markets

DOT $1.8269 fell 2% to $1.84 over the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research's technical analysis model.

Orange Juice Newsletter – Smart insights by real people. Every day.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.