TA: Why Ethereum Close above $1,600 Could Stage A Strong Rally
Ethereum started a steady increase above $1,450 and $1,500 against the US Dollar. ETH price is showing positive signs, but it must settle above $1,600 for upside continuation. Ethereum started a decent recovery above the $1,450 resistance zone. The price is now trading well above $1,500 and the 100 hourly simple moving average. There was […]
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Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. Analysts expect further gains as the asset looks poised to close a daily candle above $482, which should trigger a move above $500. Ethereum Set to Explode Past $500, Analysts Say Ethereum has undergone a strong rally over […]
Ethereum has undergone a strong rally over the past few days, pushing as high as $470. ETH is up around 10% in the past 24 hours, despite Bitcoin stagnating in the high-$15,000s. Ethereum’s rally higher comes as other altcoins have rebounded. Analysts remain bullish on Ethereum and altcoins. Ethereum Explodes Up, and It Has Room to Move Even Higher: Analysts Ethereum has undergone a strong rally over the past two days despite strong weakness over […]
As these words are being typed, it seems Bitcoin wants to rally and ethereum is looking weak. This proves the wisdom of waiting for confirmation before executing a trade. Readers of yesterday’s column will recall that I ended by saying I was prepared to buy ethereum and/or ethxbt, but suggested I would wait for confirmation. As of now that confirmation has still not come. In fact, there are few concrete signals (that I can see) to indicate which way these currencies are going to break, so I for one will wait on the sidelines until a trend asserts itself. What might constitute a CLEAR AND....
Ethereum’s ether stayed above the $372 support and recovered nicely against the US Dollar. ETH price is now struggling to clear $392, above which it could rally significantly. Ethereum started a decent recovery wave after it found support near the $372 level. The price is now trading above $382 and testing the 100 hourly simple […]
Bitcoin printed a massive weekly close on Sunday evening after a strong rally. The weekly close was the highest since January 2018. One analyst thinks that this close will send Bitcoin much higher in the months ahead. Bitcoin Expected to Rocket Higher on Close Above Resistance Bitcoin printed a massive weekly close on Sunday evening after a strong rally. The cryptocurrency printed its first weekly close above $13,000 and its highest weekly close since January […]