ETHEREUM $ETH MARKET UPDATE: ETH TRADES NEAR $2,677 AS SELLERS TEST SUPPORT
Ethereum is trading around $2,676.74 on Binance, down approximately 0.54% over the past 24 hours. ETH opened near $2,691.31 and is currently trading below the daily opening price, indicating mild short term selling pressure.
Ethereum reached a 24 hour high of $2,748.60 and a low of $2,652.20. The current price is closer to the lower portion of the daily range, making the $2,652 area an important support zone to monitor.
Trading volume has reached approximately 316,073 ETH during the past 24 hours, generating more than $854.2 million in turnover on Binance. The strong trading activity shows continued participation around the current price range.
The immediate recovery level is around $2,700, followed by the $2,748.60 daily high. A sustained move back above $2,700 could improve short term momentum. On the downside, a break below $2,652.20 could increase selling pressure.
For now, Ethereum is showing weaker short term performance than BTC and SOL, with price below the daily open and closer to the lower end of its 24 hour range.
#EarningsSeason #BitwiseLaunchesFirstSpotNEARETF #USJobOpeningsFallToFiveMonthLow
Ethereum is trading around $2,676.74 on Binance, down approximately 0.54% over the past 24 hours. ETH opened near $2,691.31 and is currently trading below the daily opening price, indicating mild short term selling pressure.
Ethereum reached a 24 hour high of $2,748.60 and a low of $2,652.20. The current price is closer to the lower portion of the daily range, making the $2,652 area an important support zone to monitor.
Trading volume has reached approximately 316,073 ETH during the past 24 hours, generating more than $854.2 million in turnover on Binance. The strong trading activity shows continued participation around the current price range.
The immediate recovery level is around $2,700, followed by the $2,748.60 daily high. A sustained move back above $2,700 could improve short term momentum. On the downside, a break below $2,652.20 could increase selling pressure.
For now, Ethereum is showing weaker short term performance than BTC and SOL, with price below the daily open and closer to the lower end of its 24 hour range.
#EarningsSeason #BitwiseLaunchesFirstSpotNEARETF #USJobOpeningsFallToFiveMonthLow
