Ethereum Struggles Below Key $2,360 Resistance Amid Six-Day Decline
Ether has fallen for six consecutive sessions, remaining below its 50-day and 200-day moving averages.
Ether has fallen for six consecutive sessions, remaining below its 50-day and 200-day moving averages. Ethereum (ETH) is trading at ₹2,15,476 ($2,266.97), up 0.9% since this brief published. This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sun, 01 Nov 2026 12:15:01 UTC.
The current price action around the $2,360 resistance and $1,940 support levels is crucial for determining Ethereum's short-term trend and investor sentiment.
- Ethereum has declined for six straight days, currently trading at $2,245.8.
- ETH remains below its 50-day and 200-day moving averages.
- The $2,360 resistance and $1,940 support levels are key technical thresholds.
- Market sentiment remains cautious with a Fear & Greed index of 30 (Fear).
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- Ethereum Struggles Below Key $2,360 Resistance Amid Six-Day Decline — this brief
- Ethereum Faces Critical Support Test as Price Slides Below $2,250
Ethereum has been on a downward trajectory for six consecutive sessions, with its price currently sitting at $2,245.8, representing a 5.10% decline over the past week.
The cryptocurrency is trading below its 50-day and 200-day moving averages, indicating bearish sentiment in the short term.
Technical analysts are closely watching the $2,360 resistance level, which has proven to be a significant barrier for Ethereum's price. Conversely, the $1,940 level is seen as a crucial support zone that could provide a floor for the price if the downtrend continues.
The broader cryptocurrency market remains relatively stable, with the total market cap at $2.67 trillion. 
Bitcoin has shown slight gains of 0.27% over the past 24 hours, while the overall market sentiment, as measured by the Fear & Greed index, remains in 'Fear' territory at 30.
The ongoing price action around these key levels will be important for determining Ethereum's next major move. If the $1,940 support holds, it could signal a potential reversal, while a break below could lead to further downside.
Since this brief published about 28 hours ago, Ethereum (ETH) has moved from ₹2,13,463.45$2,245.80 to ₹2,15,475.66$2,266.97 — +0.94%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹234,642.73 (about $2,266.97), up 0.9% over 24 hours. The rupee itself trades about 8.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 31, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ethereum Struggles Below Key $2,360 Resistance Amid Six-Day — questions & answers
What are the key technical levels for Ethereum right now?
The $2,360 resistance and $1,940 support levels are crucial for Ethereum's short-term trend.
How long has Ethereum been declining?
Ethereum has fallen for six consecutive sessions.
What is the current market sentiment for cryptocurrencies?
The Fear & Greed index is at 30, indicating 'Fear' among investors.
How much is 1 Ethereum worth in rupee today?
About ₹234,642.73 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,266.97. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.94% since this brief first published — trading at ₹2,15,476 ($2,266.97) now versus ₹2,13,463 ($2,245.80) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.