Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Ethereum Price Clears Hurdles – Reinforcing Case for Further Rise
EXCHANGE NEWS

Ethereum Price Clears Hurdles – Reinforcing Case for Further Rise

By Crypto FlexsNovember 26, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum Price Clears Hurdles – Reinforcing Case for Further Rise
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum price broke the $1,950 resistance level and started a new rise. ETH is consolidating and could target a move above the $2,070 resistance.

  • Ethereum remained stable and began a new rise above the $1,950 level.
  • The price is trading above $2,000 and the 100-hour simple moving average.
  • On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance near $2,010.
  • Unless a break occurs below the $1,985 support, the pair may continue to rise.

Ethereum price gains more.

After forming a base above the $1,900 level, the price of Ethereum began a significant rise. ETH, like Bitcoin, was able to break above the $1,950 and $1,960 resistance levels.

The price even surpassed the $2,000 level and the 100-hour simple moving average. Additionally, a breakout occurred above a key bearish trendline with resistance near $2,010 on the ETH/USD hourly chart. The highest price was reached around $2,068 and the price continues to rise.

It has been trading below the 23.6% Fib retracement level from the recent $1,905 swing low to $2,068 high. However, Ethereum is still above $2,000 and the 100-hour simple moving average.

Source: ETHUSD on TradingView.com

Meanwhile, the price is finding resistance near $2,050. The first major resistance is near the $2,070 level. A clear break above the $2,070 level could trigger a bullish move. The next resistance level is near $2,120, if it breaks above it could target an advance towards the $2,200 level. Any more gains could start a wave towards the $2,250 level.

Are Dips limited to ETH?

If Ethereum fails to clear the $2,070 resistance, a new downtrend could begin. Initial support on the downside is near the $2,000 level and the 100-hourly simple moving average.

The next major support is the 50% Fib retracement level at $1,985 or the recent increase from the $1,905 swing low to the $2,068 high. The main assistance amount is $1,965. A decline below the $1,965 support could result in further losses. If indicated, Ethereum may decline towards the $1,905 support area in the near term.

technical indicators

Hourly MACD – ETH/USD MACD is losing momentum in the bullish zone.

RSI per hour – The RSI for ETH/USD is now above the 50 level.

Key Support Level – $1,985

Key Resistance Level – $2,070

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

If this happens, you can see a huge price of $ 1.9.

October 3, 2025

What is zero knowledge proof (ZKP)? The upcoming blockchain protocol is redefined for verified truths

September 30, 2025
Add A Comment

Comments are closed.

Recent Posts

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025

Meanwhile, Bitcoin Life Insurer, Secures $82M To Meet Soaring Demand For Inflation-Proof Savings

October 7, 2025

Pepeto Presale Exceeds $6.93 Million; Staking And Exchange Demo Released

October 7, 2025

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BNB price is less than $1,300 on Meme Season Buzz

October 8, 2025

Cryptocurrency trader, OTC fraud claims $ 1.4 million losses, guessing due to KUCOIN deposits

October 7, 2025

Meanwhile, Bitcoin Life Insurer, Secures $82M To Meet Soaring Demand For Inflation-Proof Savings

October 7, 2025
Most Popular

Global Digital Asset-Backed Exchange Traded Product AUM Increased 5% in January on BTC Spot ETF Approval – Blockchain News, Opinion, TV & Careers

February 9, 2024

Tensions are rising as U.S. lawmakers work to add cryptocurrency provisions to year-end legislation.

December 2, 2023

Decentralized AI network Allora raises $3 million ahead of mainnet launch

June 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.