
Ethereum is trading near $1,639 on the 30-minute chart, with short-term sentiment remaining bearish unless price reclaims and holds above $1,654.63. The nearest support level sits around $1,604, where traders see significant liquidity and demand. Resistance levels are clustered near $1,654.63 and $1,667.61, while $1,714.50 marks a recent swing high. A weak retest of the $1,651-$1,654 area could attract selling pressure, with $1,604 viewed as a key downside target. A sustained move above $1,654.63 would shift the outlook bullish, opening the way toward $1,667.61 and $1,686.46.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Solana (SOL) price continues to trade within a steady recovery channel after rebounding sharply from…
The ENA price is finally showing signs of life after months of relentless selling. Since…
The XRP price has regained bullish momentum over the past few days, rising nearly 5%…
Allen Konevsky, Chairman and Chief Executive of tZERO Group, one of only two firms to…
Bitcoin and Ethereum are back at the centre of crypto market attention as traders watch…
The AI crypto sector is beginning to regain momentum, and Render (RENDER) is emerging as…