Ethereum’s Race Fructifies; 7% Hike Pushes it Beyond $210

  • Ethereum gains 7% overnight and touches $211.
  • The next resistance for Ethereum may come at $223.

Ethereum has been able to show a decent hike over the last 24 hours. The almost 7% hike has made it breach $211. A few days ago, it was racing against $200, and the latest growth indicates the upcoming good days for the major coins.

Ethereum Price Analysis

The first variation for Ethereum started at 03:18 UTC, and over the next 10 hours, ETH price grew by 3.10% and added $6.08 to touch $202.21. The second swing of 6.87% hike took the price of Ethereum to $214.89 from $201.08, and this hike had a break at $211.12. However, the $214 figure could not have lasted long, and it took a downward move to reach $207.87 by 23:59 UTC. Towards the closing, it gets lifted by 1.85% to touch $211.68 again. If we look at past 24 hours data, Ethereum price has corrected almost 7% in compared to Bitcoin’s 0.07% drop.

Ethereum’s Race Fructifies; 7% Hike Pushes it Beyond $210
Ethereum Price
Ethereum Chart By TradingView

Ethereum has achieved its long-standing target. Now it is likely to retain its value above 210 USD. The next resistance for Ethereum may fall at 223 USD. Based on the future ETH forecast, investors are advised to wait a little more watching the value nearing the YTD high. Following are the most probable resistance and support levels for ETH.

Ethereum (ETH) Resistance & Support Levels
1st Resistance $215.9866667
2nd Resistance $223.3633333
3rd Resistance $232.9966667
1st Support Level $198.9766667
2nd Support Level $189.3433333
3rd Support Level $181.9666667

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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