It’s a “Critical Week” for Ethereum as It Trades Just Below Crucial Resistanc...
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks This has primarily caused it to see a prolonged bout of sideways trading, but is beginning to help lead it higher as BTC’s outlook grows brighter Ethereum has climbed slightly over the past day, but still has a way to go before it breaks any key technical levels One analyst is now noting that this is a critical week for […]
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Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. ETH will need to hold a crucial support level in the $300 range, then decisively surmount the year-to-date highs around the high-$400s. Institutions are getting bullish alongside technical analysts. Grayscale Investments recently revealed that it has accumulated 2% of […]
While the crypto market bounces from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial area as support to continue its recovery rally. As the flagship crypto faces some resistance, some market watchers have suggested that this week’s close may be key for its end-of-year performance. Related Reading: Solana Reclaims Crucial Resistance Despite First SOL ETF Outflows – 25% Rally Ahead? Bitcoin Faces Rejection Ahead Of November Close Bitcoin has retested a crucial resistance level for the first time in a week, hitting a one-week high of $93,092 on Friday morning before....
Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the....
Ethereum has seen shaky price action over the past few weeks, failing to pass notable technical levels. BTC currently trades for $13,800 despite Ethereum only trading for $390. Analysts think that Ethereum may resume its ascent shortly. One analyst noted recently that Ethereum has seen its fourth-ever bullish TK re-cross above the Ichimoku Cloud. Ethereum Could Soon See Rally as Crucial Bull Signal Forms Ethereum has seen shaky price action over the past few weeks […]