Ethereum plunges again to $3000 key support level and bulls are trying hard to reserve this level to avoid further damage.
Ethereum price today is $3,191.13 USD with a 24-hour trading volume of $8,971,799,474 USD. Ethereum is up 2.00% in the last 24 hours, with a market cap of $380,505,196,087 USD. It has a circulating supply of 119,238,465 ETH coins.
Ethereum Resting: Analysis
Ethereum is trading below EMA 100 on the 4-hour chart. There is a key bearish trend line acting as resistance right above the lower lows of Ethereum. The Ethereum price is struggling to break above the $3200 resistance but failed. Once it does, we might see a decent increase in the price rising towards the final resistance at $3769, fib 0.786 level.