$ETH
Ethereum's current price is $1,796.70. Based on recent analysis, here are the key support and resistance levels to watch:
*Support Levels:*
- *Major Support Level:* $1,700, which is also the 50% Fibonacci retracement level from $1,565 to $1,834
- *Initial Support:* $1,725
- *Next Key Support:* $1,650, $1,620, and $1,550
- *Additional Support Levels:* $2,100, $2,016, and $1,906 (from a broader perspective)
- *Critical Support Zone:* $3,030-$3,130 (from a longer-term perspective)
*Resistance Levels:*
- *Major Resistance Level:* $1,800
- *Immediate Resistance:* $1,780
- *Next Key Resistance:* $1,840 and $1,920
- *Additional Resistance Levels:* $2,490, $2,634, and $2,785 (from a broader perspective)
- *Critical Resistance Zone:* $3,640-$3,740 (from a longer-term perspective) ¹ ² ³