Ethereum updated all-time high on November 10 and the selling pressure increased because of the obvious resistance above $5000.
Ethereum price today is $3,281.91 USD with a 24-hour trading volume of $13,930,991,216 USD. Ethereum is down 0.07% in the last 24 hours, with a market cap of $391,067,181,301 USD. It has a circulating supply of 119,158,246 ETH coins.
Since then, Ethereum kept tumbling until dropped below $3000 on January 10. This price plunge not only broke important support but also broke the pattern of making steady lower lows. Ethereum has a universal trend line of lower highs below that can act as good support near $2600 – $2400. Solana has major resistance at $4178.