Ethereum, the second-largest cryptocurrency, increased by around 3.50% to $1,310 during Asian session.

Today’s Ethereum Price

Ethereum Price Prediction

Ethereum currently has a price of $1,313 and a $5.8 billion 24-hour trading volume. The ETH/USD pair is encountering significant resistance on the 4-hour timeframe close to the $1,320 level, which is stretched by a double top formation.

The next resistance area of $1,340 can be reached by the ETH price with a successful breach of the $1,320 level. The likelihood of a significant rise is increased by the closing of bullish engulfing candles above the crucial 1,300 trading mark.

The ETH price may find support near $1,275 on the downside, and a bearish break of that level might lead to further selling to $1,260. Consider seeking for buying opportunities now that the bias is bullish.

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