fbpx
QQQ
+ 0.26
340.98
+ 0.08%
DIA
-1.25
346.37
-0.36%
SPY
-0.66
424.97
-0.16%
TLT
-0.76
143.07
-0.53%
GLD
-0.89
176.63
-0.51%

Ethereum Forms New Support Level and Soars

May 14, 2021 1:06 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More

Crypto traders have a new key level to focus on.

It appears that support has formed at the $3,700 level for Ethereum (CRYPTO:ETH). After reaching this level Thursday, ETH is surging higher Friday. If it sells off, there’s a good chance it finds support at $3,700 again.

eth_7.png

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to our YouTube channel.


Related Articles

INVESTVIEW SHIFTS DIGITAL ASSET FOCUS TO NDAU AND PLOTS FUTURE GROWTH WITH NEW SUBSIDIARY ACQUISITIONS

Investview CEO Joseph Cammarata presented at the Benzinga Global Small Cap Conference in May. By Mark Gilman read more

Blockchain And NFTs About To Spawn The 'Metaverse:' Nvidia CEO

Nvidia (NASDAQ: NVDA) CEO Jensen Huang believes that blockchain technology and non-fungible tokens (NFTs) will be the basis of the virtual world parallel to the physical one called the "metaverse." read more

Iconic Doge Meme, Helped By Dogecoin Popularity, Sells For Record $4M As NFT

Doge, the classic meme behind the meme cryptocurrency Dogecoin (DOGE), has sold as a nun-fungible token (NFT) for about $4 million in an auction. read more

Not Just Elon Musk: 4 Key Factors Driving Bitcoin To The $40,000 Level

Bitcoin (BTC) approached the psychologically important level of $40,000 in the early hours of Monday buoyed by one of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s tweets and t read more