Is Ethereum Set for a Breakout Above $4K?

Quick Summary:

Ethereum (ETH) is currently trading at $3,433, experiencing a 2% decline in the past 24 hours with trading volume down 18%.

Key levels to monitor are resistance at $3,713 (R1) and $4,159 (R2), with support at $3,136 (S1) and $2,953 (S2).

The daily Relative Strength Index (RSI) stands at 44, indicating that Ethereum is approaching oversold conditions.

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Article Details

Author / Journalist: Janani

Category: Crypto

Markets: United Arab Emirates

Topics: Ethereum News ETHEREUM ETH Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 06:04:16 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 307 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24670678

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 14 hours ago

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Publisher ID: #125

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