Ethereum

Bitcoin

Daily

<ul><li>Ethereum experienced a drop without breaking the $1930 resistance and is currently trading at around $1917.</li><li>If ETH can make daily candle closes above the $1930 resistance, it can continue its upward movement towards $2000 and $2080 levels.</li><li>In the last 24 hours, Ethereum’s volume decreased by 22.29% to $6,311,554,941. Today, Ethereum DEX volume was recorded as $27,184,480.</li></ul>When examining Ethereum’s current technical chart, it can be seen that it is moving near the $1930 resistance level. However, due to its failure to break the resistance, a drop occurred and it is currently trading at around $1917.<h2 id="strong-medium-term-eth-analysis-strong">Medium-Term ETH Analysis</h2><a href="https://en.coinotag.com/wp-content/uploads/2023/06/If-Ethereum-Breaks-Resistance-is-the-Target-2000-June-25th.png" rel="noopener noreferrer nofollow"></a>Daily ETH/USD Price ChartWhen examining Ethereum’s current technical chart, it can be observed that the price is moving near the important resistance zone of $1930. Today, ETH tested the $1930 resistance but experienced a drop without closing above it. Currently, the Ethereum price is trading at around $1917.If the ETH price can achieve daily candle closes above the mentioned $1930 resistance in the analysis, it can continue its upward movement towards the $2000 level first, and then towards the $2080 level.While Bitcoin price saw a 0.44% increase today, Ethereum price saw a 2.24% increase. With the rise of Ethereum, many altcoins experienced an increase of more than 3%.If Ethereum can successfully break the $1930 resistance, it can quickly progress towards its target levels. The most important resistance zone for ETH is between $2070 and $2123.<h2 id="strong-short-term-eth-analysis-strong">Short-Term ETH Analysis</h2><a href="https://en.coinotag.com/wp-content/uploads/2023/06/1687706631_532_If-Ethereum-Breaks-Resistance-is-the-Target-2000-June-25th.png" rel="noopener noreferrer nofollow"><img class=" td-modal-image alignnone wp-image-134187 size-full" src="https://en.coinotag.com/wp-content/uploads/2023/06/1687706631_532_If-Ethereum-Breaks-Resistance-is-the-Target-2000-June-25th.png" alt="30-Minute ETH/USD Price Chart" width="2972" height="1656"></a>30-Minute ETH/USD Price ChartWhen examining Ethereum’s short-term technical chart, it can be seen that the price is facing selling pressure near the important resistance zone of $1930. If ETH’s upward movement continues and it breaks the $1930 resistance with candle closes above it, the next target level will be $1962.However, if the Ethereum price fails to break the mentioned $1930 resistance level, it may continue its downward movement towards the support range mentioned in the analysis, which is between $1888 and $1880.According to the volume data in the last 24 hours, Ethereum’s volume was recorded as $6,311,554,941, indicating a decrease of 22.29%. Today, Ethereum DEX volume was $27,184,480.The post <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com/if-ethereum-breaks-resistance-is-the-target-2000-june-25th-eth-analysis/">If Ethereum Breaks Resistance, is the Target $2000? June 25th ETH Analysis</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://en.coinotag.com">COINOTAG EN</a>.

If Ethereum Breaks Resistance, is the Target $2000? June 25th ETH Analysis

Table of Contents

COINOTAG NEWS

Other articles published on Jun 25, 2023

$FTT Price Goes Up 11.67% Over the Last Hour

Crypto Hacker Gets 5 Years in Prison

Shido Tax Cooldown has started!

Shiba Inu Lead Shytoshi Kusama Says There's Lots to Do

Creditor Pledges Tokenized FTX Claim as Collateral for Groundbreaking DeFi Loan

Belgian Financial Regulator Orders Binance to Cease All Virtual Currency Services Due to Non-Comp...

Join our free newsletter for daily crypto updates!