Ethereum price displayed a recovery on its one-day chart. In the past 24 hours, the coin rose by 3%, which has now shifted the altcoin’s support level to a new one. The Altcoin is still not out of the woods as the bears continue to dominate. Buyers are still less in number as compared to sellers, which is a sign of bearishness. If the Ethereum price continues to maintain its upward movement, an influx of buying strength can be witnessed on the 24 hour chart. Over the last week, the Ethereum price has barely made any progress as it was laterally trading. With Bitcoin price appreciating in the last 24 hours, altcoins made slow recoveries on their charts. The $1,270 zone continues to remain a critical support zone for the coin. A fall from the present level will drag ETH to the aforementioned support level. The bulls could be expected to make a comeback if Ethereum touches the $1,400 price mark. Without constant buying support, the same remains unlikely. Ethereum Price Analysis: One-Day Chart ETH was trading at $1,316 at the time of writing. The coin has moved up and away from its critical support line of $1,270. The immediate resistance for the Ethereum price was at $1,360. A push above that will help ETH to reclaim $1,400. Another important resistance point was at $1,460. The bulls could then help the altcoin rally on its chart. If ETH loses footing now, the local support line is at $1,260, and falling through that will p...
XRP Price Prediction For 24 November
