The current price of Ethereum ($ETH ) against USDT stands at $2,468.06, reflecting a modest increase of 1.31% over the last 24 hours. This upward movement indicates a potential recovery from recent lows, suggesting that market sentiment may be gradually improving. The price has oscillated between a high of $2,490.51 and a low of $2,434.35 within this time frame, showcasing some volatility in the market. 📈
Analyzing the 15-minute chart reveals a series of lower highs and higher lows, which could indicate a consolidation phase. Traders often look for such patterns as potential signals for breakout opportunities. The presence of significant trading volume, with 24-hour volume for ETH reaching approximately 132,867.33, suggests that there is considerable interest in the asset, which could further fuel price movements. 📊
Looking ahead, the immediate resistance level appears to be around $2,490, while support is established near $2,462.35. If ETH can maintain its position above the support level, it may attract more buyers, potentially pushing it towards the resistance zone. However, a drop below the support could signal a bearish trend, prompting caution among traders. As always, monitoring broader market trends and news is crucial for making informed trading decisions. 📉
$ETH #moonbix #NeiroOnBinance #HBODocumentarySatoshiRevealed #BTCUptober #10MTradersLeague
