The post Ethereum (ETH) Price Analysis for November 23 appeared on BitcoinEthereumNews.com. The rates of most of the coins are rising today, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has gone up by 3.18% over the last 24 hours. Image by TradingView On the hourly chart, the rate of ETH has made a false breakout of the local resistance of $2,834. You Might Also Like However, if the daily candle closes near that mark or above, the upward move may continue to the $2,900 range soon. Image by TradingView On the bigger time frame, the price of the main altcoin is far from the main levels. The volume has declined, which means traders are unlikely to see sharp moves by the end of the week. Image by TradingView From the midterm point of view, one should pay attention to the weekly bar closure in terms of the $2,857 level. If a false breakout happens, traders may see a local bounce back to the $3,000-$3,200 zone. Ethereum is trading at $2,817 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-november-23The post Ethereum (ETH) Price Analysis for November 23 appeared on BitcoinEthereumNews.com. The rates of most of the coins are rising today, according to CoinStats. ETH chart by CoinStats ETH/USD The price of Ethereum (ETH) has gone up by 3.18% over the last 24 hours. Image by TradingView On the hourly chart, the rate of ETH has made a false breakout of the local resistance of $2,834. You Might Also Like However, if the daily candle closes near that mark or above, the upward move may continue to the $2,900 range soon. Image by TradingView On the bigger time frame, the price of the main altcoin is far from the main levels. The volume has declined, which means traders are unlikely to see sharp moves by the end of the week. Image by TradingView From the midterm point of view, one should pay attention to the weekly bar closure in terms of the $2,857 level. If a false breakout happens, traders may see a local bounce back to the $3,000-$3,200 zone. Ethereum is trading at $2,817 at press time. Source: https://u.today/ethereum-eth-price-analysis-for-november-23