• Ethereum is trading 1.53% higher on Friday as general crypto sentiment is positive.
  • ETH/USD has moved higher and is stalling at the 61.8% Fibonacci level.

ETH/USD Daily Chart

Ethereum is trading higher on Friday.

Now the price has moved above 270.00 which is a key Fibonacci level.

The 61.8% is often considered the most important of the retracement levels. 

If the level breaks and holds the next resistance is at 320.00.

It's hard to track a chart that has such velocity, In this instance it's hard to see where this rally will end.

Ethereum Analysis

Additional Levels

ETH/USD

Overview
Today last price 273.4
Today Daily Change 4.90
Today Daily Change % 1.82
Today daily open 268.5
 
Trends
Daily SMA20 202.43
Daily SMA50 169.25
Daily SMA100 162.58
Daily SMA200 176.22
 
Levels
Previous Daily High 277.39
Previous Daily Low 255.64
Previous Weekly High 224.35
Previous Weekly Low 179.06
Previous Monthly High 186.73
Previous Monthly Low 125.81
Daily Fibonacci 38.2% 269.08
Daily Fibonacci 61.8% 263.95
Daily Pivot Point S1 256.96
Daily Pivot Point S2 245.43
Daily Pivot Point S3 235.21
Daily Pivot Point R1 278.71
Daily Pivot Point R2 288.92
Daily Pivot Point R3 300.46

 

 

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