Ethereum In Green, Can Price Go Higher?

Ethereum In Green, Can Price Go Higher?

Ethereum went through weeks of bearishness after which the king of altcoins pushed above the $1000 mark. Over the last 24 hours, it soared close to 9% but in the past week, the coin registered a double-digit loss of 22%. The coin even moved below the $900 mark but as buying strength slowly recovered, ETH moved upwards on the chart. It cannot be said for certain if Ethereum will continue to move northwards because technical outlook still remains quite dicey. Bears are still in control of the market and if the coin fall from the $100 mark, the next trading zone lies between $700-$900. Buyers....


Related News

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500, Following Strong Week...

Ethereum was once again higher on Monday, as prices of the token moved towards $1,500 following recent gains. Bitcoin was also in the green, as prices climbed close to a one month high, after surging above $22,000 to start the week. Bitcoin Bitcoin (BTC) was in the green to start the week, as the weekend’s bullish momentum continued in today’s session, sending prices over $22,000. Following Sunday’s low of $20,778.18, BTC/USD surged to an intraday peak of $22,430.62 earlier today. The move has seen bitcoin briefly break out of a key....

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Mo...

Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin Bitcoin (BTC) prices were trading marginally higher on Tuesday, as crypto prices rebounded following recent losses. Following a low of $20,955.14 to start the week, BTC/USD rose to a high of $21,521.70 earlier in the day. Tuesday’s move comes as prices....

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weake...

Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving above $1,300. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as crypto prices reacted to a weaker U.S. dollar. Following last week’s rally in USD, the currency eased to start the month, giving way to the return of bitcoin bulls. BTC/USD rose to an intraday high of....

Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Tod...

Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum was also in the green, rebounding from Tuesday’s losses. Bitcoin Bitcoin (BTC) was trading slightly higher on Wednesday, as markets were anticipating today’s FOMC (Federal Open Market Committee) meeting. The world’s largest cryptocurrency fell to an intraday low of....

ETH breaks all-time high amid fresh price surge

Ethereum has regained the $2,000 zone. Ethereum, crypto’s second largest asset by market cap, has broken its previous all-time price high near $2,041 , set on February 19, 2021.Ethereum (ETH) hit a record price high of approximately $2,081 today, according to TradingView data. ETH trades near $2,067 at time of publication.Since its February high, ETH has corrected twice on its daily chart, posting a higher low on the second correction. In the days after its $2,041 summit, the asset dropped down to about $1,293. ETH recovered up to about $1,943 by March 13 before falling back down near....