Learn and Earn Crypto
ETH is pumping ......$ETH #AirdropFinderGuide #BinanceAlphaAlert #EthereumFuture $BNB
Ethereum's price is currently $1,817.62, with a 0.6% increase in the last 24 hours and an 11.2% increase in the past 7 days. The cryptocurrency market is known for its volatility, and prices can fluctuate rapidly. To determine how long the price pumping will last, let's look at some key factors ¹:
- Market Trends: Ethereum's price has been increasing, with a bullish sentiment among the community, as indicated by the 77% bullish vs. 23% bearish sentiment.
- Recent News: Positive news, such as Grayscale pushing the SEC to approve ETH ETF staking, could contribute to the price increase.
- Technical Indicators: The price is above the 24-hour range of $1,760.54 to $1,817.43, and the 7-day range of $1,564.90 to $1,843.68.
Some potential price influencers to watch include ¹ ²:
- Resistance Levels: If the price breaks above the current high of $1,843.68, it could continue to pump.
- Support Levels: A drop below the current support level of $1,760.54 could lead to a decline in price.
- Market Cap: Ethereum's market cap is around $3.096 trillion, with a 0.3% increase in the last 24 hours.