Ethereum has gained over the $1,250 support level, which has been stretched by an ascending triangle pattern.
Early on December 11, major cryptocurrencies were trading down, despite the previous day’s 0.9% rise in the market capitalization of cryptocurrencies to $855.49 billion. The overall volume of the cryptocurrency market fell by 31.20 percent over the previous day to $23.76 billion.
Today’s Ethereum Price
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $1,254.38 |
Ethereum Price Prediction
Ethereum‘s current price is $1,275, and its 24-hour trading volume is $6 billion. With a live market worth of $156 billion, Ethereum is presently ranked second on CoinMarketCap, up approximately 0.80% in the last day.
Ethereum has risen from a $1,220 support level on the 4-hour chart and climbed over the 50-SMA line at $1,250, which is now serving as a support.
On the upside, $1,300 is the first level of resistance for ETH, and a break over it might expose ETH to $1,340.
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