ETH falls below $2,400

Ethereum’s price today is 2,395.01 USD, with a 24-hour trading volume of 22.71 B USD. ETH is down -3.69% in the last 24 hours. It is currently -26.77% from its 7-day all-time high of 3,270.46 USD, and 10.74% from its 7-day all-time low of 2,162.74 USD. ETH has a circulating supply of 119.33 M ETH.

Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.

Similarly, most major altcoins started a fresh decline. ETH topped near USD 2,720 and declined below USD 2,400. XRP failed to stay above USD 0.65 and declined below USD 0.60. ADA is struggling to stay above USD 1.00.

Ethereum price spiked above USD 2,700, but there was no upside continuation. ETH started a fresh decline and traded below USD 2,600. There was also a move below USD 2,400. An initial support is near the USD 2,320 level. The next major support is near USD 2,250, below which the price might extend losses.

The first key resistance on the upside is near the USD 2,450 level. The next key resistance is near USD 2,500, above which the price might start a fresh increase.

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