TA: Ethereum Signaling Bullish Breakout, Why ETH Could Rally Above $1,400
Ethereum gained bullish momentum above $1,350 against the US Dollar. ETH price is showing positive signs and it is likely to accelerate higher above $1,400. Ethereum is showing a lot of positive signs above $1,320 and $1,350. The price is now approaching the $1,400 resistance and it is above the 100 hourly simple moving average. […]
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Ethereum has seen some strong momentum throughout the past few days, with buyers taking control as its price now hovers firmly above $1,400 The selling pressure in this price region has been dissipating with each visit, signaling that bulls could be on the cusp of sparking a breakout rally Where the market trends in the […]
Ethereum briefly crossed over the $2,000-level, a benchmark target for many bulls as they await a breakout price rally in the world's second-largest cryptocurrency market.
The SEC must appeal Grayscale’s recent court win by the end of the day today, or will be forced to approve or delay the company’s plan to convert GBTC into a Bitcoin ETF. The Grayscale Bitcoin Trust (GBTC) chart could be signaling an imminent breakout, which could hint at the SEC failing to file an […]
Ethereum Price Key Highlights. Ethereum price has sold off earlier in the month before consolidating in an ascending triangle pattern visible on its 1-hour time frame. Price recently made an upside break, spurred partly by the sharp correction in bitcoin, but could have enough bullish momentum to climb further north. Ethereum price made a strong upside breakout from its short-term consolidation pattern and is testing resistance at 0.0030. Short-Term Selloff? If the current levels are able to keep gains in check, ethereum price could retreat to the broken triangle resistance at 0.0025 for a....
Ethereum has dropped dramatically since the August highs of $490. The coin now trades for $370, around 25% below those highs. While Ethereum is still far below the highs, the coin is printing positive medium-term to long-term signs. One top cryptocurrency trader shared that the asset is breaking above a multi-week triangle/pennant pattern. This breakout suggests there will be a continuation to the upside in the weeks ahead. His bullish sentiment has been echoed by […]