- Ethereum adds 4.22% overnight to get its value above $175
- The next resistance for ETH seems likely at $178.24
Ethereum is currently being traded at $177 from $169.90 over the last 24 hours. It has shown many sudden price ups and downs in this period. The current bullish run seems sustainable for the currency.
ETH price was at $169.90 at the starting of the day, and over the next 14 hours and 32 minutes, it added $4.48 and got placed at $174.38. It was followed by a steep fall of 2.51% that took the Ethereum price to the lowest point of the day at $169.97 by 17:34 UTC.
From 17:34 UTC, Ethereum started upside movement, and it records a 4.18% hike over the next 7 hours and the price reached the highest point of the day at $177.07. ETH coin’s market cap on January 28 was 19.307 billion USD, and over the last 24 hours, it has been boosted to 19.428 billion USD.
Ethereum’s current price at $177.07 has managed a marginal hike over its 50 days and 20 days moving averages. The currency is likely to retain this bullish trend further, and its next halting point may come at $178.24 as its next resistance.
|Ethereum (ETH)||Resistance and Support Levels|