Ethereum/Tether
Long

ETH Daily Outlook

12
### Ether **(ETH) $1,320 (+2.41%)**

**ETH Overview:**

- ***Closest daily support zone: 1,240 - 1,250***
- ***Closest daily resistance zone: 1,313 - 1,372***
- ***Key Level: 1,428 (Monthly Close of Jan. 2018)***

Ether has risen nearly 10.4% since the beginning of 2023 but is still down by nearly 56.8% YTD. Today it broke above the trendline measured between the close of Apr. 3, 2022, and the close of Nov. 4, 2022, which establishes a breakout.

**ETH Daily Resistance zones**

1. 1,313 - 1,372
2. 1,428 - 1,450
3. 1,456 - 1,575

**ETH Daily Support zones**

1. 1,240 - 1,250
2. 1,212 - 1,190
3. 1,150 - 1,125

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