Ethereum spiked up more than 11% after December to $4087. Ethereum is losing the momentum again and there are seen some continuous red candles.
Ethereum price today is $4,117.83 USD with a 24-hour trading volume of $16,711,940,643 USD. Ethereum is up 3.32% in the last 24 hours, with a market cap of $489,448,606,210 USD. It has a circulating supply of 118,860,688 ETH coins.
In the above chart, red dotted lines are at highs and greens at lows. The chart is self-explaining we can see that Ethereum successfully broke above the previous high of $4032. Ethereum is moving actually under a reversal wave to the previous trend line, considering it a support – just like Bitcoin. The resistance level is above EMA 200 at $4169, fib 0.5.