The trading volume surged on June 25 reaching approximately $4 billion. The majority of Ethereum trading took place on CoinBene exchange. The key resistance is the 61.8% Fibo, but intraday upside capped below $460. Ethereum is a sitting duck on Tuesday, besides the retracement is limited below $460, while the support is held at $450. Ethereum is also correcting slightly lower by 1.85%, similarly after opening the trading session at $458.74 it is currently exchanging hands at $454. Ethereum is the second largest cryptocurrency by market capitalization after Bitcoin. Although the price is experienced high selling pressure, Ethereum trading volumes are skyrocketing. The digital asset recorded $2.4 billion in trading volume on June 24. The trading volume surged on June 25 reaching approximately $4 billion. At the time of writing, CoinMarketCap shows $4.5 billion in trading volume in the last 24 hours. The majority of Ethereum trading took place on CoinBene exchange in ETH/USDT trading pair with 36.52% of the trading volume while Bit-Z comes second with 30.65% in ETH/BTC trading pair. Ethereum price has maintained a downward trend for at least 5 days. It is still trading below the bearish trendline on the 1-hour chart. The crypto even traded lows of around $421 in the recent declines, however, a bullish trend kicked in bringing the price above $450. The 61.8% Fib retracement level with the previous swing high of $543 and a low of $421.4 offered resistance slightly below $470. The upside has been limited below $460 in the intraday trading on Tuesday. Ethereum must keep the support at $450 to ensure that a break down towards the demand zone below $430 that does not occur. ETH/USD 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/GBP Technical Analysis: EUR/GBP currently supported above 0.8800 FX Street 5 years The trading volume surged on June 25 reaching approximately $4 billion. The majority of Ethereum trading took place on CoinBene exchange. The key resistance is the 61.8% Fibo, but intraday upside capped below $460. Ethereum is a sitting duck on Tuesday, besides the retracement is limited below $460, while the support is held at $450. Ethereum is also correcting slightly lower by 1.85%, similarly after opening the trading session at $458.74 it is currently exchanging hands at $454. Ethereum is the second largest cryptocurrency by market capitalization after Bitcoin. Although the price is experienced high selling pressure, Ethereum trading volumes… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.