Ethereum price is stumbling above $3000 support as the cryptocurrency market remains red even this week.
Ethereum price today is $3,116.32 USD with a 24-hour trading volume of $18,160,284,496 USD. Ethereum is up 4.41% in the last 24 hours, with a market cap of $371,204,560,018 USD. It has a circulating supply of 119,116,369 ETH coins.
As shown in the daily chart above, Ethereum, making lower highs, might slump down to the support of $2600, fib 1.618. This support zone is very crucial to hold on to for Ethereum as there are chances that institutions might enter the trade at this level. The resistance level is at $3500 and the major support zone lies at $1752