• bitcoinBitcoin (BTC) $ 96,060.00
  • ethereumEthereum (ETH) $ 2,707.45
  • xrpXRP (XRP) $ 2.67
  • tetherTether (USDT) $ 0.999883
  • bnbBNB (BNB) $ 654.88
  • solanaSolana (SOL) $ 169.97
  • usd-coinUSDC (USDC) $ 0.999911
  • dogecoinDogecoin (DOGE) $ 0.252438
  • cardanoCardano (ADA) $ 0.763131
  • staked-etherLido Staked Ether (STETH) $ 2,704.78
  • tronTRON (TRX) $ 0.242946
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 95,785.00
  • chainlinkChainlink (LINK) $ 17.91
  • wrapped-stethWrapped stETH (WSTETH) $ 3,232.28
  • litecoinLitecoin (LTC) $ 135.63
  • stellarStellar (XLM) $ 0.334092
  • suiSui (SUI) $ 3.19
  • avalanche-2Avalanche (AVAX) $ 23.65
  • ugold-incUGOLD Inc. (UGOLD) $ 3,037.58
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • hedera-hashgraphHedera (HBAR) $ 0.214974
  • usdsUSDS (USDS) $ 0.999494
  • leo-tokenLEO Token (LEO) $ 9.67
  • the-open-networkToncoin (TON) $ 3.52
  • wethWETH (WETH) $ 2,705.63
  • hyperliquidHyperliquid (HYPE) $ 23.69
  • polkadotPolkadot (DOT) $ 4.86
  • mantra-daoMANTRA (OM) $ 7.57
  • bitcoin-cashBitcoin Cash (BCH) $ 321.68
  • ethena-usdeEthena USDe (USDE) $ 0.997522
  • bitget-tokenBitget Token (BGB) $ 4.85
  • uniswapUniswap (UNI) $ 9.54
  • wrapped-eethWrapped eETH (WEETH) $ 2,869.38
  • moneroMonero (XMR) $ 240.38
  • pepePepe (PEPE) $ 0.000009
  • whitebitWhiteBIT Coin (WBT) $ 27.13
  • aptosAptos (APT) $ 6.54
  • ondo-financeOndo (ONDO) $ 1.21
  • aaveAave (AAVE) $ 251.46
  • nearNEAR Protocol (NEAR) $ 3.13
  • daiDai (DAI) $ 1.00
  • mantleMantle (MNT) $ 1.03
  • bittensorBittensor (TAO) $ 412.13
  • susdssUSDS (SUSDS) $ 1.04
  • official-trumpOfficial Trump (TRUMP) $ 16.87
  • internet-computerInternet Computer (ICP) $ 6.87
  • ethereum-classicEthereum Classic (ETC) $ 20.99
  • okbOKB (OKB) $ 49.56
  • gatechain-tokenGate (GT) $ 22.56
  • tokenize-xchangeTokenize Xchange (TKX) $ 35.17
  • kaspaKaspa (KAS) $ 0.105244
  • vechainVeChain (VET) $ 0.031779
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.299238
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,033.00
  • crypto-com-chainCronos (CRO) $ 0.084189
  • sonic-3Sonic (prev. FTM) (S) $ 0.717058
  • render-tokenRender (RENDER) $ 4.24
  • algorandAlgorand (ALGO) $ 0.259410
  • filecoinFilecoin (FIL) $ 3.31
  • arbitrumArbitrum (ARB) $ 0.468046
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996769
  • cosmosCosmos Hub (ATOM) $ 4.65
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,066.00
  • jupiter-exchange-solanaJupiter (JUP) $ 0.716197
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.725624
  • optimismOptimism (OP) $ 1.14
  • fasttokenFasttoken (FTN) $ 3.95
  • celestiaCelestia (TIA) $ 3.10
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,709.27
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,805.38
  • lido-daoLido DAO (LDO) $ 1.71
  • kucoin-sharesKuCoin (KCS) $ 12.09
  • injective-protocolInjective (INJ) $ 14.95
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 95,885.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.090746
  • quant-networkQuant (QNT) $ 95.52
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,051.72
  • nexoNEXO (NEXO) $ 1.34
  • binance-staked-solBinance Staked SOL (BNSOL) $ 176.84
  • blockstackStacks (STX) $ 0.878808
  • immutable-xImmutable (IMX) $ 0.730057
  • the-graphThe Graph (GRT) $ 0.133153
  • theta-tokenTheta Network (THETA) $ 1.27
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,861.39
  • raydiumRaydium (RAY) $ 4.28
  • ethenaEthena (ENA) $ 0.398574
  • bonkBonk (BONK) $ 0.000016
  • flare-networksFlare (FLR) $ 0.020368
  • movementMovement (MOVE) $ 0.494816
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • usual-usdUsual USD (USD0) $ 0.996938
  • sei-networkSei (SEI) $ 0.226351
  • dexeDeXe (DEXE) $ 18.38
  • telcoinTelcoin (TEL) $ 0.011580
  • jasmycoinJasmyCoin (JASMY) $ 0.021205
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 94,590.00
  • flokiFLOKI (FLOKI) $ 0.000103
  • makerMaker (MKR) $ 1,159.67
  • galaGALA (GALA) $ 0.022209
  • eosEOS (EOS) $ 0.622961
  • tezosTezos (XTZ) $ 0.867907
  • the-sandboxThe Sandbox (SAND) $ 0.362421
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.55
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,807.92
  • msolMarinade Staked SOL (MSOL) $ 215.36
  • bittorrentBitTorrent (BTT) $ 0.00000085
  • wbnbWrapped BNB (WBNB) $ 655.85
  • iotaIOTA (IOTA) $ 0.219872
  • flowFlow (FLOW) $ 0.512401
  • jito-governance-tokenJito (JTO) $ 2.62
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,935.00
  • roninRonin (RON) $ 1.23
  • kaiaKaia (KAIA) $ 0.128850
  • neoNEO (NEO) $ 10.64
  • bitcoin-svBitcoin SV (BSV) $ 37.75
  • pyth-networkPyth Network (PYTH) $ 0.204123
  • tether-goldTether Gold (XAUT) $ 2,919.76
  • berachain-beraBerachain (BERA) $ 6.55
  • chain-2Onyxcoin (XCN) $ 0.021104
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.35
  • axie-infinityAxie Infinity (AXS) $ 4.28
  • story-2Story (IP) $ 2.70
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,861.30
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.71
  • paypal-usdPayPal USD (PYUSD) $ 0.999943
  • curve-dao-tokenCurve DAO (CRV) $ 0.511665
  • meowMEOW (MEOW) $ 0.007284
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.252709
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.984323
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,707.32
  • heliumHelium (HNT) $ 3.57
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999800
  • dogwifcoindogwifhat (WIF) $ 0.614973
  • fraxFrax (FRAX) $ 0.994102
  • elrond-erd-2MultiversX (EGLD) $ 21.81
  • pax-goldPAX Gold (PAXG) $ 2,932.70
  • arweaveArweave (AR) $ 9.11
  • decentralandDecentraland (MANA) $ 0.316466
  • resolv-usrResolv USR (USR) $ 1.00
  • zcashZcash (ZEC) $ 36.16
  • starknetStarknet (STRK) $ 0.223321
  • spx6900SPX6900 (SPX) $ 0.616337
  • insurance-2INSURANCE (INSURANCE) $ 30.57
  • aerodrome-financeAerodrome Finance (AERO) $ 0.744265
  • pumpbtcpumpBTC (PUMPBTC) $ 94,713.00
  • dydx-chaindYdX (DYDX) $ 0.772853
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,708.27
  • conflux-tokenConflux (CFX) $ 0.114005
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,703.79
  • apecoinApeCoin (APE) $ 0.672715
  • matic-networkPolygon (MATIC) $ 0.299095
  • pendlePendle (PENDLE) $ 3.25
  • beldexBeldex (BDX) $ 0.075563
  • ecasheCash (XEC) $ 0.000026
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.008055
  • chilizChiliz (CHZ) $ 0.053841
  • aioz-networkAIOZ Network (AIOZ) $ 0.440937
  • coredaoorgCore (CORE) $ 0.505393
  • beam-2Beam (BEAM) $ 0.009580
  • morphoMorpho (MORPHO) $ 2.22
  • kavaKava (KAVA) $ 0.459287
  • true-usdTrueUSD (TUSD) $ 0.997317
  • compound-governance-tokenCompound (COMP) $ 54.65
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 95,876.00
  • clbtcclBTC (CLBTC) $ 96,950.00
  • wormholeWormhole (W) $ 0.165149
  • ketKet (KET) $ 0.470835
  • metars-genesisMetars Genesis (MRS) $ 5.57
  • gnosisGnosis (GNO) $ 181.93
  • newton-projectAB (prev. Newton) (AB) $ 0.010199
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008179
  • amp-tokenAmp (AMP) $ 0.005334
  • apenftAPENFT (NFT) $ 0.00000045
  • verus-coinVerus (VRSC) $ 5.70
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999413
  • tbtctBTC (TBTC) $ 95,815.00
  • quantixaiQuantixAI (QAI) $ 84.25
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,683.42
  • akash-networkAkash Network (AKT) $ 1.73
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.03
  • grassGrass (GRASS) $ 1.72
  • mina-protocolMina Protocol (MINA) $ 0.340663
  • eigenlayerEigenlayer (EIGEN) $ 1.69
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000075
  • axelarAxelar (AXL) $ 0.444637
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • thorchainTHORChain (RUNE) $ 1.16
  • super-oethSuper OETH (SUPEROETHB) $ 2,707.66
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,955.33
  • chex-tokenCHEX Token (CHEX) $ 0.405545
  • usdbUSDB (USDB) $ 0.988930
  • ousgOUSG (OUSG) $ 110.02
  • zksyncZKsync (ZK) $ 0.106306
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,704.54
  • wouldwould (WOULD) $ 0.384402
  • based-brettBrett (BRETT) $ 0.038435
  • honey-3Honey (HONEY) $ 0.998392
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • deepDeepBook (DEEP) $ 0.149875

Ethereum price analysis: ETH finds support at $2,600, ready to reverse?

Ethereum price analysis: ETH finds support at $2,600, ready to reverse?

Ethereum price analysis is bullish today as we expect the $2,600 support to reverse the market over the next hours. However, the considerable retracement does indicate that the overall market structure is not as strong anymore.

Ethereum price analysis: ETH finds support at $2,600, ready to reverse?

Cryptocurrency heat map. Source: Coin360

The market has moved in the red over the last 24 hours. The leader, Bitcoin, lost 5.08 percent, while Ethereum 3.3 percent. The rest of the top altcoins followed close by

Ethereum price movement in the last 24 hours: Ethereum finds support at $2,600

ETH/USD traded in a range of $2,587.75 – $2,725.29, indicating a moderate amount of volatility over the last 24 hours. Trading volume has declined by 14.49 percent, totaling $12.38 billion, while the total market cap trades around $316.25 billion, resulting in a dominance of 18.01 percent.

ETH/USD 4-hour chart: ETH looks to reverse?

On the 4-hour chart, we cans ee the Ethereum price failing to move any lower so far today, likely indicating an upcoming reversal.

Ethereum price analysis: ETH finds support at $2,600, ready to reverse?

ETH/USD 4-hour chart. Source: TradingView

Ethereum price has seen a strong increase this week. After a strong higher high was set at $2,600 at the beginning of the week, ETH/USD quickly gained around 18 percent to the $3,040 mark.

Therefore, a strong higher high was set, indicating that the market structure has turned bullish once again. From there, bears began to retrace as bulls were finally exhausted. 

Early yesterday, the $2,750 support was clearly broken, meaning more downside to follow. Later in the day, another strong spike lower took the market to previous major support at $2,600.

Overnight, further downside was rejected, indicating reversal to come. So far, not much upside has been seen, however, bulls are starting to increase their pressure.

Ethereum price analysis: Conclusion 

Ethereum price analysis is bullish today as we have seen a reaction at the $2,600 previous support. Therefore, ETH/USD will likely start moving higher despite the strong selloff earlier indicating weakness in the overall market.

While waiting for Ethereum to move further, see our articles on how to buy land in Metaverse, How to close a Coinbase account, and how to transfer crypto from Coinbase to Robinhood.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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