Ether resistance levels

Ether, the world’s second largest cryptocurrency, faces resistance near $2,500, where resistance is defined by the 100-day moving average. Ether is up about 10% over the past week and rallied nearly 30% after holding support at $1,720 on July 20. Lower support is seen at $2,000, which could stabilize a pullback.

Ether daily price chart shows support and resistance levels.Ether is consolidating relative to bitcoin and is on traders’ watch for a potential breakout. The ETH/BTC ratio has initial support at 0.054, which must hold in order to keep ETH’s relative uptrend intact.

Chart shows ether relative to btc.