Ethereum has followed suit, gaining control above $1,272 as investors await the US CPI statistics.
As major cryptocurrencies traded in the green early on December 13, the market capitalization of all cryptocurrencies grew by 0.27% to $848.96 billion. To reach $35.10 billion in the past 24 hours, the total volume of the cryptocurrency market climbed by 29.04%.
The $2.13 billion total volume of DeFi at this time is 6.06% of the 24-hour volume of the entire crypto market. Stablecoins now account for $33.82 billion, or 96.35%, of the total 24-hour volume of the cryptocurrency market.
Today’s Ethereum Price
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $1,316.00 |
Ethereum Price Prediction
The price of Ethereum is currently $1,271 and its 24-hour trading volume is $4 billion. With a live market valuation of $155 billion, Ethereum has increased by almost 2% over the past 24 hours and is presently ranked second on CoinMarketCap.
On the 4-hour chart, Ethereum has broken through resistance at $1,260 that had been the 50-day simple moving average. Currently serving as a support, this level. The 50-day moving average, RSI, and MACD indicators all show a bullish tilt.
On the upside, Ethereum’s immediate barrier is still at $1,300; if the price of the cryptocurrency crosses bullishly above this psychological trading level, it may reach as high as $1,345 zone.
A breach below $1,260, on the other hand, might expose ETH below the $1,220 level.
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