Ethereum Price Sets Its Sights on Higher Levels: Can Bulls Maintain Momentum?
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance. Ethereum started a decent upward move above the $2,650 zone. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,880 level. Ethereum Price Recovery Gains Pace Ethereum price started a recovery wave after it dropped heavily below....
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Ethereum is gaining momentum above $2,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards the $2,400 and $2,500 levels. Ethereum is gaining pace above the $2,200 and $2,250 resistance levels. The price is now trading well above $2,250 and the 100 hourly simple moving average. […]
Bitcoin set fresh all-time highs today, with bulls taking full control of the cryptocurrency’s price action as they set their sights on $50,000 Where the crypto trends in the near-term should depend largely on whether or not bulls will be able to maintain their current momentum Any firm rejection could result in another drawdown, signaling that the resistance within the upper-$40,000 region is insurmountable for the time being One trader explained in a recent tweet […]
Ethereum is holding strong despite a week filled with extreme volatility and heightened geopolitical tensions. Following escalations in the Middle East, with conflict between Israel and Iran fueling global market uncertainty, ETH managed to maintain its critical price range. After briefly dipping earlier in the week, Ethereum has reclaimed momentum and is now trading around crucial levels that could define the next move for the broader altcoin market. Related Reading: Ethereum Weekly Candle Hints At Pre-Tower Top Formation – Details Top analyst Ted Pillows shared a technical outlook....
Bitcoin shocked the finance world yesterday rocketing more than $1,000 to over $13,000 per BTC at the high. Today, Ethereum is following suit, with 6% already on the books and a chance to soar much higher is here. Here’s what to watch for in ETH and the signs to watch for if the altcoin will […]
Ethereum price seems to have its sights set higher after breaking out of a descending triangle on its 4-hour chart. Technical indicators are also supporting further gains. Ethereum price had previously consolidated inside a descending triangle pattern, forming lower highs and finding support at 0.00250. At the moment, ethereum price is testing the near-term resistance at the 0.00300 level, waiting for more bulls for another leg higher. An upside break past this level could take it up to the next area of interest at 0.00330-0.00350 then onwards to the larger triangle highs at 0.00400.