$ETH
As of December 27, 2024, Ethereum (ETH) is trading around 3,381 USD, slightly down from the previous day.
In the past 24 hours, the price of ETH has ranged from 3,312 USD to 3,474 USD, with a trading volume of 1.06 billion USD.
Although it has increased by 48.19% since the beginning of 2024, ETH's performance is still lower than Bitcoin's increase of 123% during the same period.
According to technical analysis, ETH is facing significant resistance at 3,508 USD; if surpassed, the price could head towards the 4,000 USD mark.
However, the ADX indicator shows that bullish momentum is weakening, although "whales" continue to accumulate ETH, reaching the largest holdings since September.
Overall, the ETH market is in a correction phase, with caution from investors amid recent volatility.
