The two largest cryptocurrencies in terms of market capitalization, Bitcoin and Ethereum, continue to pique the interest of traders and investors everywhere. The cryptocurrency market is holding fairly steady as the Asian trading session progresses, with BTC hanging just above the $23,000 barrier and ETH surging past $1,600.
In spite of the lack of volatility, the main cryptocurrencies, such as Bitcoin and Ethereum, are trading within narrow price bands as market participants get ready for a busy coming week.
Today’s Ethereum Price
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $ 1,622.37 |
Ethereum Price Prediction
The current live price of Ethereum is just under $1,600, and the ETH/USD pair is currently facing major resistance at $1,620, which is strengthened by the 50-day EMA. The pair could start a selling trend in ETH if it closes below this level.
Ethereum (ETH) has a live price of $1,635 and a $6.1 billion 24-hour trading volume. In the previous day, Ethereum increased by 2.22%. It currently maintains the second spot in the CoinMarketCap list with a $200 billion live market cap.
The price of Ethereum is currently trading beneath the $1,675 level that acts as an immediate support. The next support for Ethereum is at $1,600 if this one is breached. But, if the price of Ethereum above the $1,675 resistance level, it can increase to the $1,750 level.
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