Ethereum Price Gearing Up for Gains—Can Bulls Sustain The Momentum?
Ethereum price is moving higher above the $2,600 zone. ETH might gain bullish momentum if it clears the $2,800 resistance zone. Ethereum started a fresh increase above the $2,650 resistance level. The price is trading above $2,680 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,780 and $2,800. Ethereum Price Eyes More Gains Ethereum price remained supported above the $2,500 level, like Bitcoin. ETH....
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XRP has broken past the $1.7 level, signaling a renewed push by the bulls to dominate the market. This critical move has sparked excitement among traders, fueling speculation about its capability for further gains. As momentum builds, the spotlight shifts to whether the altcoin can sustain this strength and continue its upward trajectory. This article […]
Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being. Related Reading: Uniswap Soars 14% In Last 24 Hours – Can UNI Slingshot Past $6? At the time of writing, Ethereum (ETH) trades at $1,330 with a 9% profit in the last 24 hours and a 2% loss over the past week. In the crypto top 10, ETH is one of the best-performing....
Ethereum price has held onto its bullishness on the one-day chart. In that timeframe, the altcoin has managed to increase in value by 3%. Over the last week, the coin rallied over 21%, breaking past multiple resistance levels, which has further strengthened the bulls. The coin has to zoom past two important resistance lines in order to continue its bullish streak. The technical outlook of the coin continued to display bullish momentum. There was a surplus of buyers as Ethereum price shot up to the overbought zone. Bitcoin has finally settled at the $20,000 price mark over the last 24....
Ethereum Price Key Highlights. Ethereum price appears to be creating a range on its 1-hour time frame, unable to sustain its momentum after an earlier breakout. Price found resistance at 0.00300 and support at the 0.00285 area. Ethereum price just bounced off the top of its range and may be ready to test the bottom once more. Ethereum price could continue with its sideways movement, as technical indicators aren't offering any signals for directional plays. Short-Term Profit Opportunities. With that, ethereum traders might simply go for short-term gains, buying off support and selling at....
XRP is showing promising signs of recovery as it bounces back strongly, fueled by renewed bullish momentum. After facing periods of downward pressure, the cryptocurrency is now gaining traction, signaling a potential shift in market sentiment. This rebound has sparked optimism among traders, with many eyeing critical resistance levels that could unlock further gains if breached. The recent surge highlights the resilience of buyers, who appear determined to reclaim control of the market. If the bulls can sustain this momentum, XRP could rally to higher levels, positioning itself for a....