We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now


It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

Ethereum Declines as It Revisits the $1,071 Support

Share On Facebook
share on Linkedin

Key Highlights
ETH/USD is range bound between $1,071 and $1,350
Ethereum reaches bearish exhaustion


Ethereum (ETH) Current Statistics
The current price: $1,178.14
Market Capitalization: $144,746,484,477
Trading Volume: $5,029,426,676
Key Resistance Zones: $2,500, $3,300, $4,000
Key Support Zones: $2,000, $1,500, $1,000

Ethereum (ETH) Price Analysis November 27, 2022
Ethereum (ETH) price is in a decline as it makes a second upward correction. The altcoin was rejected at the $1,350 high of the first upswing, which led to a range-bound move. The altcoin dropped to a low of $1,079 in the first rejection before starting to rise again. Ether is currently being rejected again at the 21-day line SMA. Ether’s price is currently in a range, ranging between $1,070 and $1,350. It has decreased and started consolidating again above the $1,100 support. However, once the current support is broken, the selling pressure will pick back up. The lowest price of Ether will be $720.


Ethereum Technical Indicators Reading
On the Relative Strength Index for period 14, Ethereum is at level 39. Ether is in the fall and could continue to decline. Since the price bars are below the moving average lines, a potential additional decline is indicated. The daily stochastic is trading above level 40 for Ethereum. The bullish momentum is now positive.

Ethereum is currently fluctuating sideways between levels of $1,071 and $1,350. When the range-bound levels are crossed, the cryptocurrency will start to trend. As long as the price levels remained intact, the move would stay range-bound.


ETH/USD – Daily Chart

Learn from market wizards: Books to take your trading to the next level

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Leave A Reply

Do you want to write for our Newspaper? Get in touch:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 |