{"id":30264,"date":"2024-11-27T13:03:57","date_gmt":"2024-11-27T13:03:57","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=30264"},"modified":"2024-11-27T13:03:58","modified_gmt":"2024-11-27T13:03:58","slug":"ethereum-technical-analysis-report-27th-november-2024","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/ethereum-technical-analysis-report-27th-november-2024","title":{"rendered":"Ethereum Technical Analysis Report &#8211; 27th November 2024"},"content":{"rendered":"\n<p>Ether faced resistance at the downtrend line on November 23 but showed resilience as buyers stepped in to support the dip. The key level to monitor on the downside is the 20-day EMA at $3,141, which could determine the next move. According to research, discussions about Ethereum have intensified, particularly regarding its price performance compared to other crypto assets. Many users are expressing optimism about Ethereum&#8217;s potential to outperform other major assets, especially in the current favorable market environment. Additionally, Ethereum maintained its top position for weekly NFT sales, recording $49 million. While this represents a 25.9% decline from the previous week, it underscores Ethereum&#8217;s ongoing dominance in the NFT space. <\/p>\n\n\n\n<p>At the time of writing, <a href=\"https:\/\/zebpay.com\/in\/buy-ethereum\/\">ETH<\/a> was trading at $3,450.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"464\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-1024x464.png\" alt=\"\" class=\"wp-image-30265\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-1024x464.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-300x136.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-768x348.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-1536x696.png 1536w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245-150x68.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2024\/11\/image-245.png 1866w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>ETH, after giving the range breakout ($2,350 to $2,7500), surged almost by 25% up to $3,442. Post this move, the asset witnessed some profit booking and corrected to $3,015. ETH took multiple support at $3,000 and rallied up to $3,546. ETH has a strong resistance at $3,750, once it breaks and sustains above this level then we can expect it to rally further up to $4,000.<br><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>&nbsp; Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2<\/strong><\/td><\/tr><tr><td>$3,000<\/td><td>$3,350<\/td><td><strong>ETH<\/strong><\/td><td>$3,750<\/td><td>$4,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Unravel everything that you need for your crypto journey via ZebPay blogs. Get started today and join 6 million+ registered users on ZebPay!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/connect.zebpay.com\/account\/login?returnUrl=%2Fconnect%2Fauthorize%2Fcallback%3Fclient_id%3Deee7baaa-9d6c-43f1-9eb6-8174f62cd244%26redirect_uri%3Dhttps%253A%252F%252Fzebpay.com%252Fapp%26response_type%3Did_token%2520token%26scope%3Dopenid%2520profile%2520wallet%253Atransactions%253Aread%2520trade%253Aread%2520trade%253Acreate%2520wallet%253Aaddress%253Acreate%2520wallet%253Aaddress%253Aread%2520wallet%253Atransactions%253Asend%26state%3Dfcf813bfa285406cbf1a838575068e8f%26nonce%3Db0c46570c6a94af5b14e78921d8bf508\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ether faced resistance at the downtrend line on November 23 but showed resilience as buyers stepped in to support the dip. The key level to monitor on the downside is the 20-day EMA at $3,141, which could determine the next move. According to research, discussions about Ethereum have intensified, particularly regarding its price performance compared [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30266,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[16,311],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/30264"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=30264"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/30264\/revisions"}],"predecessor-version":[{"id":30268,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/30264\/revisions\/30268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/30266"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=30264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=30264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=30264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}