Ethereum (ETH and ETC) Price Trends (Week of December 19th)
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....
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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....
Ethereum Classic has put on a show for the crypto market in the last two weeks. The rallies which have seen Bitcoin and Ethereum hit one-month highs have propelled the altcoin to some of the largest gains recorded in the market. After rallying almost 100% in the previous week, another massive rally has made Ethereum […]
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term “bitcoin” have slid 72% since it scored the highest score of 100 last May to today’s score of 28.
Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and....
The past week waas a week of altcoin trends. Will the current trends continue, or are they going to turn about? ETH/USD. Ethereum has reached the minimal target of the medium-term correction. Trading on that level can provoke a continued fall of Ethereum’s price. Ethereum’s price is at a key level, where the downward movement can be disrupted. In case of a rebound from $12.2 followed by a return to $11, Ethereum has a chance to continue its downward trend. For an extra confimation, Ethereum’s price has to stop at the level of $11, which will display the lack of sufficient support from the....
The long-term direction of the trend is being decided at the current level. The bulls are at the bottom limit of the flat, so the growth of Ether’s price can continue up to $13 - 14. ETH/USD. As we have predicted a week earlier, there was a rebound from the bottom limit of the long-term sideway movement, and Ether’s price has stopped at a key medium-term level of $8.3. The price has previously dropped right before this. At that moment big sellers have taken advantage of the situation and sold a large volume close to $7. After that, they started buying it back at $6. The fact that there was....