During the Asian session, Ethereum, the second-largest cryptocurrency, went up by about 3.50% to $1,310.
Today’s price of Ethereum
Ethereum is currently worth $1,313 and has a 24-hour trading volume of $5.8 billion.
On the 4-hour timeframe, the ETH/USD pair is running into a lot of resistance near the $1,320 level, where a double top is forming.
| DATE | ETC | USD |
|---|---|---|
| Today | 01 | $ 1,339.81 |
The ETH price can reach the next area of resistance at $1,340 if it breaks through the $1,320 level.
When bullish engulfing candles close above the important 1,300 trading mark, the chances of a big rise go up.
Today’s Ethereum Price
On the downside, the ETH price may find support near $1,275, and a break below that level could lead to more selling down to $1,260.
Now that the trend is up, you might want to look for opportunities to buy.