Ethereum Price Jumps 7% Into the $2,500 Ceiling: Levels to Watch
Photo: Coindoo
Key Takeaways ETH up 7.35% to $2,442 intraday. Day high $2,450, under 0.236 near $2,497. RSI crossed 50 and its signal line. 0.236 Fib and 50-day SMA lie $12 apart. ETH traded at $2,442 at 15:21 UTC, up $167 on the day, according to TradingView’s Binance ETH/USDT chart . One Session Through the Broken Zone Our November 1 analysis caught ETH just after a flush into the 0.500 Fibonacci level near $2,154 and the 200-day SMA. It marked the broken zone between the 0.382 retracement near $2,307 and the 100-day average as the first area to test.
Source: Coindoo
