Ethereum (ETH) Price: Where ETH Stands After Another Rejection Below $2,400
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TLDR Ethereum (ETH) trades near $2,213 on Friday, down 1.2% on the day. US spot Ethereum ETFs lost $99.9 million on November 5, ending a one-day inflow. Amundi launched a tokenized share class of a €22.8 billion fund on Ethereum. The network handled about 2.19 million transactions in 24 hours. Support sits at $2,200 to $2,210, while resistance holds at $2,400 to $2,450. Ethereum (ETH) is trading near $2,213 on Friday, November 6. That is a drop of 1.2% as the coin tries to recover from its recent correction. ETH has slipped below an ascending trendline. Its latest try at the $2,400 resistance zone ended with more selling. Analyst Ash Crypto posted on X that if Ethereum’s historical pattern repeats, the next move could be a large one.
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