ETHEREUM MARKET UPDATE: ETH TRADES ABOVE $2,700 AS BUYERS TARGET $2,722
Ethereum is trading around $2,704.67 on Binance, up approximately 0.53% over the past 24 hours. ETH opened near $2,690.36 and has maintained a positive position above the daily open.
Ethereum reached a 24 hour high of $2,722.00 and a low of $2,673.13. The current price is close to the upper part of the daily range, indicating that buyers are testing higher levels.
Trading volume has reached approximately 260,614 ETH over the past 24 hours, representing more than $701.9 million in total turnover on Binance.
The immediate resistance is $2,722. A sustained move above this level could strengthen short term momentum. On the downside, $2,690 is the first support area, followed by $2,673.13.
ETH is currently showing steady short term strength as buyers defend the $2,700 area and continue testing the daily high.
#Macro Insights# $ETH
Ethereum is trading around $2,704.67 on Binance, up approximately 0.53% over the past 24 hours. ETH opened near $2,690.36 and has maintained a positive position above the daily open.
Ethereum reached a 24 hour high of $2,722.00 and a low of $2,673.13. The current price is close to the upper part of the daily range, indicating that buyers are testing higher levels.
Trading volume has reached approximately 260,614 ETH over the past 24 hours, representing more than $701.9 million in total turnover on Binance.
The immediate resistance is $2,722. A sustained move above this level could strengthen short term momentum. On the downside, $2,690 is the first support area, followed by $2,673.13.
ETH is currently showing steady short term strength as buyers defend the $2,700 area and continue testing the daily high.
#Macro Insights# $ETH
