Ethereum (ETH and ETC) Price Trends (Week of September 19th)
Ethereum’s price is fortifying at the upper limit of a 2-months long stagnation. The probability of growth is rising. Will a new long-term upward trend form? ETH/USD. The situation on Ethereum is heating up. Its price made more than 5 attempts to fortify at the level of $13. The bulls’ doubts are shown. The most recent surges of the price towards that resistance, just like the sharp returns to the starting point, are what’s indicative of the differing opinions of the crowd. It’s possible that a big player used this tactic to provoke the majority into buying. At the moment, Ether enjoys....
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The price of Ether has slowed down in anticipation of a new surge. Will the expected growth beyond $10 take place? ETH/USD. At the moment, the price of ETH is undergoing a rebound towards the upward trend from $5.7. The structure of this correction is, as was expected, flat-like. That is indicative of the bulls’ support. It is worth noting that this rebound is approaching its end because the buy orders are being aligned into a picture, which is profitable for the big bears. A week earlier, the situation was not profitable for short-term speculation by large sellers, which led to the....
Ethereum has seen a strong bounce since the September lows near $310. The coin now trades for $455, though peaked at $465 a few days ago. Technical trends show that the cryptocurrency will likely continue its ascent in the months ahead. Analysts are specifically eyeing a move toward $800, as that’s where macro resistance lies. Ethereum Technical Trends Suggest Growth Toward $800 Possible Ethereum has seen a strong bounce since the September lows near $310. […]
The expectation of every crypto investor this month is to see some bullish trends in the market. Many top assets have recorded more pullbacks than rallies in the months following the overall market crash. Every week starts and ends with a new trend for the green or the reds. This uncertainty has kept everyone guessing and scared of imminent losses if the bearish trend continues. But it seems that the week beginning from September 5 to 12 brought a lot of bullish moves for many cryptos. Related Reading: Why Ethereum Price Is Unlikely To Dump After “The Merge” There were some pullbacks, but....
The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap dropped. Currently, many crypto assets are losing every hour. Many crypto exchanges are forcefully liquidating leveraged positions. According to Coinglass, the total amount liquidated already has reached $431.51 million, with 130,087 traders affected. Related Reading: These Two On-Chain Signals Precede Bitcoin Falls, Suggests Analyst Bitcoin Price Plunged Currently, the Bitcoin price stands....
A small rise in Ethereum’s price has ended with a turn and a fall back to the starting point. Ethereum has once again returned back inside its flat. What will come next? ETH/USD. Following a meet-up with Vitalik Buterin in Shanghai, an intraday upward trend was formed. Ether’s price, after fortifying at the top limit of the long-term flat near $13, has formed an upward impulse toward the accumulated volume of sell orders near $14.5. As reported by Vitalik himself, the switch to PoS is preliminarily planned for summer 2017. The reason for such a long delay is; at the moment there are no....