Ethereum price struggles to recover $2,500
TradingView’s Binance ETH/USDT daily chart showed Ethereum at $2,492.98 on Oct. 9, up 0.73% for the session. The day’s price range extended from $2,471.05 to $2,520.54, leaving ETH below $2,500 despite an earlier move above that level.
The daily chart shows a sharp reversal from the trading range established near $2,650–$2,750 in late September and early October. Ethereum’s latest bounce has recovered only part of that decline, with the price still below the area where it traded before selling accelerated.
On the 4-hour TradingView chart, ETH stood at $2,493.31 after falling 0.53% during the displayed period. Its recovery from the recent low had stalled near $2,500, while the latest candles remained below the chart’s falling moving average.
#BTC☀️ #USD #JPY
TradingView’s Binance ETH/USDT daily chart showed Ethereum at $2,492.98 on Oct. 9, up 0.73% for the session. The day’s price range extended from $2,471.05 to $2,520.54, leaving ETH below $2,500 despite an earlier move above that level.
The daily chart shows a sharp reversal from the trading range established near $2,650–$2,750 in late September and early October. Ethereum’s latest bounce has recovered only part of that decline, with the price still below the area where it traded before selling accelerated.
On the 4-hour TradingView chart, ETH stood at $2,493.31 after falling 0.53% during the displayed period. Its recovery from the recent low had stalled near $2,500, while the latest candles remained below the chart’s falling moving average.
#BTC☀️ #USD #JPY