Higher Lows Trend Pause on Resistance, Whats Next for Ethereum?
Ethereum Higher Lows Trend Pause on Resistance, Ano ang Susunod para sa Ethereum? 01 / 11 / 2023 Balita ng Ethereum ng Bitcoin The bullish momentum in Ethereum price is facing resistance at the $1350 resistance. The buyers have immediate support at $1300. The trading volume saw a decrease of 18% in the last 24 hours. The second largest cryptocurrency Ethereum has produced a bullish price structure this month. So far, the crypto market is influenced by positive vibes as the capitalization remains above $850 billion, as the largest crypto BTC cleared the key short-term resistance this week. Buyers are back in the game after a massive consolidation phase. While the buyers pushed through the crypto valuations above the short-term resistance, the next bullish hurdle hindered the upward momentum. Ethereum Price Hit $1350 Resistance Ethereum price struggled against the $1350 resistance in the intraday session against USDT. The buyers should break this hurdle as soon as possible to gain the $1660 level before the end of this month. The rising trading volume suggests further continuation of the uptrend. Meanwhile, the price action on the hourly time frame is making higher lows. At that time Ethereum price (ETH) was trading at $1333 with neutral changes. Notably, the crypto price is nearing