Ethereum Breaks USD 2.9K

Ethereum’s price today is 2,892.72 USD, with a 24-hour trading volume of 17.96 B USD. ETH is down -8.03% in the last 24 hours. It is currently -14.43% from its 7-day all-time high of 3,380.57 USD, and 2.80% from its 7-day all-time low of 2,813.90 USD. ETH has a circulating supply of 119.25 M ETH.

Ethereum price also started a major decline below the USD 3,120 support level. ETH even settled below the USD 3,000 level and is down more than 8% in a day. It tested USD 2,850 and is currently consolidating losses. On the upside, an immediate resistance is near USD 2,920. The next key resistance is near USD 3,000, above which the price might start a decent correction wave.

An initial support is near the USD 2,800 level. The next major support is near USD 2,750, below which the price might dive towards USD 2,650.

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