Ethereum (ETH) Price Prediction for November 23

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Ethereum (ETH) Price Prediction for November 23

Most of the coins remain in the green zone, however, there are some exceptions, according to CoinMarketCap.

Ethereum (ETH) Price Prediction for November 23

ETH/USD

The rate of Ethereum (ETH) has fallen by 0.73% over the last day.

Ethereum (ETH) Price Prediction for November 23

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.

Ethereum (ETH) Price Prediction for November 23

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.

Ethereum (ETH) Price Prediction for November 23

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.

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