Analysis of the price of Ethereum today (December 29, 2024)

The current price of Ethereum ($ETH ) is $3383, the price has increased by +1.14% in the last 24 hours. Currently, ETH is available on 86 exchanges, and in the last 24 hours, 2,675,397 ETH coins were exchanged, amounting to $9,051,146,765 in trading volume.$DOGE $PHA

Today Ethereum (ETH) opened at $3404. It has decreased by -0.61% from the opening price. Despite rallying to $3405, Ethereum (ETH) faced resistance and could not maintain momentum to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -17.37% and -4.74%, while from the minimum recorded price over the same period, it has increased by 8.55% and 4.76%.

According to our analysis, ETH needs to stay above $3215 to potentially move towards the first significant resistance level at $3399. A breakout above $3399 could lead to an increase in ETH to the next resistance level at $3539. The third resistance is at $3668.

If the price falls, the first support level to watch will be $3215. If this level does not hold, further decline to the next support level at $3061 may occur.#BtcNewHolder