ETHEREUM MARKET UPDATE: ETH FALLS 2.69% AS PRICE SLIPS BELOW $2,500
Ethereum is trading around $2,482.66 on Binance, down approximately 2.69% over the past 24 hours. ETH opened near $2,551.21, with selling pressure pushing the price below the psychological $2,500 level.
During the past 24 hours, Ethereum reached a high of $2,579.88 and a low of $2,409.09. The rebound from the daily low indicates some buying interest, but ETH needs to reclaim $2,500 to improve its immediate structure.
Trading volume has reached approximately 334,827 ETH over the past 24 hours, representing more than $841.3 million in total turnover on Binance.
Immediate resistance is around $2,500, followed by $2,551 and $2,579.88. Support is near $2,450, with $2,409.09 marking the key daily low. A sustained move above $2,500 could support a recovery, while a break below $2,409 would increase downside pressure.
Ethereum remains under short term selling pressure. The next move will depend on whether buyers can reclaim $2,500 or sellers push the market back toward the daily low.
$ETH
#StrategyBuys250Bitcoin #EvernorthNasdaqDebutClosesDown1.05% #BlurPlansToRetireBlurioFrontendOnNov12
Ethereum is trading around $2,482.66 on Binance, down approximately 2.69% over the past 24 hours. ETH opened near $2,551.21, with selling pressure pushing the price below the psychological $2,500 level.
During the past 24 hours, Ethereum reached a high of $2,579.88 and a low of $2,409.09. The rebound from the daily low indicates some buying interest, but ETH needs to reclaim $2,500 to improve its immediate structure.
Trading volume has reached approximately 334,827 ETH over the past 24 hours, representing more than $841.3 million in total turnover on Binance.
Immediate resistance is around $2,500, followed by $2,551 and $2,579.88. Support is near $2,450, with $2,409.09 marking the key daily low. A sustained move above $2,500 could support a recovery, while a break below $2,409 would increase downside pressure.
Ethereum remains under short term selling pressure. The next move will depend on whether buyers can reclaim $2,500 or sellers push the market back toward the daily low.
$ETH
#StrategyBuys250Bitcoin #EvernorthNasdaqDebutClosesDown1.05% #BlurPlansToRetireBlurioFrontendOnNov12