Ethereum Price Analysis: March 8 - 14
Ethereum price has broken its last year $22 record. What is the reason for such a powerful surge? ETH/USD. What caused the price surge. There are several reasons for the price rally. They arise from the technical analysis and news. One of the major volatility factors is the conference that took place in Sydney, on March 7-9. The event was devoted to the current problems and future opportunities in the crypto industry. As for the technical part of the price rally, Ethereum price has stopped at a key resistance of the $20 point. At that mark, there are key lines ending the entire trend from....
Related News
Bitcoin price is progressively creeping lower into compounding reverse divergence. Market sellers have been attempting to pull price below $221 and 1375 CNY all day without success. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 17h41 UTC. BTC-China 1-Hour Chart. Also Read: Why The Preference For BTC-China Charts In Analysis? From the analysis pages of xbt.social, earlier today: Similar cases of reverse divergence have been highlighted....
Litecoin price remained around the $2.00 level throughout today's trading sessions. Litecoin traded midway between the 23.6% and 38.2% Fibonacci retracement levels, during most of today's sessions, as per the trend line we spotted through our analysis on the 10th of March. By studying the 4 hour Bitfinex (LTC/USD) chart from tradingview.com, plotting the William's Alligator indicator and keeping the Fibonacci retracement levels we plotted on the 10th of March (look at the below chart), we can conclude the following: On the 10th of March, litecoin price rose to test the 23.6% Fibonacci....
Ethereum’s price action appears to be setting the stage for a major move that could redefine its market trajectory by the end of 2025. Although recent months have seen the cryptocurrency’s price lose its footing, technical analysis shows that this phase might be coming to an end. Particularly, Ethereum is now trading close to a support level that could cause an upward bounce towards $4,000 by the end of 2025. Strong Demand Zone Shows Ethereum Bottoming Out Ethereum’s price action throughout 2025 has been bearish, marked by a series of structural breakdowns that have erased much of....
The Dogecoin price is ready to hit new all-time highs, as a crypto analyst has projected a surge above $1 by March. The analyst’s technical analysis of Dogecoin using Fibonacci time zones suggests that the next few months could be a pivotal period for investors and DOGE holders, with March shaping up as an ideal […]
Over 180,000 Ethereum (ETH) tokens have been pulled out from centralized exchanges in the last 24 hours, as traders seek to preserve their cryptocurrency in expectation of bullish price action. According to a March 18 tweet from crypto market analysis site IntoTheBlock, more than $500 million worth of Ethereum was withdrawn on March 16 across a number of different CEXs (including Binance, Kraken, and Crypto.com). Given that the price of one ETH was $2,590.40 on the date of the analysis, the value of the tokens withdrawn was more than half a billion dollars, the highest withdrawal of the....