Ethereum (ETH) Price Prediction for November 23
2024-11-23

Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap.CoinMarketCap">
ETHUSD
The rate of Ethereum ETHUSD has fallen by 0.73% over the last day.TradingView">
On the hourly chart, the price of ETH is in the middle of the local channel, between the support of $3,317 and the resistance of $3,402. If the growth continues to the upper line, one can expect a breakout, followed by a test of the $3,420-$3,440 range.TradingView">
On the bigger time frame, traders should pay attention to the bar closure in terms of the resistance of $3,387.
If the daily candle closes above it and with no long wick, the accumulated energy might be enough for a move to the $3,500 mark.TradingView">
A similar picture is on the weekly chart. If buyers can hold the gained initiative and the bar closes around the current prices, the growth may continue to the $3,600 range by the end of the month.
Ethereum is trading at $3,367 at press time.