ETH price might start a fresh decline

Ethereum’s price today is 2,476.27 USD, with a 24-hour trading volume of 15.98 B USD. ETH is up 3.38% in the last 24 hours. It is currently -24.28% from its 7-day all-time high of 3,270.46 USD, and 14.50% from its 7-day all-time low of 2,162.74 USD. ETH has a circulating supply of 119.32 M ETH.

Ethereum price is moving higher above USD 2,450. The first key resistance is near the USD 2,500 level. A clear move above USD 2,500 might send the price higher. The next key resistance is near USD 2,620, above which the price might rise towards the USD 2,750 level in the near term.

An initial support is near the USD 2,400 level. The next major support is near USD 2,320, below which the price might start a fresh decline.

After a recovery wave above USD 36,000, bitcoin price was able to extend gains. BTC climbed above the USD 36,800 and USD 37,000 levels. It is now facing a major resistance near the USD 37,500 level. The next major resistance is near USD 38,000, above which the price might rise towards the USD 40,000 barrier.

On the downside, an initial support is near the USD 36,400 level. The next major support is near USD 36,000, below which the price could revisit USD 35,000.

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