ETH Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| -0.79% | -2.80% | -12.66% | 39.75% | 274.98 bn | 15.82 bn |
Ethereum (ETHUSDT) price over 7 days dropped -2.80% to 2,281.40 . For the record, ETHUSDT is -53.08% below all-time high of 4,878.26.
Over the last 30 days, ETH is down by -12.66% while 12-month period is up by 39.75%.
For the week, our technical outlook looks uncertain as Ethereum is not performing well over the last 7 days.
What can we expect from Ethereum today?
At time of writing, Ethereum has decreased by -0.79% over the past 24 hours. Our daily analysis is that there could be selling pressure.
Looking ahead for the day, immediate support level is at 2,243.96 (S1) with break below could see further selling pressure towards 2,206.52 (S2). As the current momentum is stalling, we prefer to look at firm break of the recent daily high of 2,335.70 as a possible indicator of buying interest. Break above could target 2,373.14. Rejection from the resistance level could suggest price consolidation.
Key levels to watch out:
| R3 | 2,410.58 |
| R2 | 2,373.14 |
| R1 | 2,327.27 |
| Daily Pivot | 2,289.83 |
| S1 | 2,243.96 |
| S2 | 2,206.52 |
| S3 | 2,160.65 |
