TA: Ethereum Follows Bitcoin, Why ETH Could Surge Towards $4K
Ethereum started a fresh increase from the $3,400 support zone against the US Dollar. ETH price could accelerate higher once there is a clear break above $3,650. Ethereum started a fresh increase above the $3,500 and $3,550 resistance levels. The price is now trading above $3,550 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if there is a clear break above $3,650 and $3,660. Ethereum Price Gains Pace Ethereum remained well....
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Ethereum gained momentum above $1,650 after bitcoin’s surge against the US Dollar. ETH price is still struggling near $1,760, but it is likely to break higher. Ethereum rallied above $1,650 and it traded to a new all-time high near $1,777. The price is now trading well above $1,650 and the 100 hourly simple moving average. […]
In a new blog post titled “Possible futures for the Ethereum protocol, part 2: The Surge,” Ethereum co-founder Vitalik Buterin outlined an ambitious roadmap aiming to scale Ethereum’s transaction processing capacity to over 100,000 transactions per second (TPS) across Layer 1 (L1) and Layer 2 (L2) solutions. This initiative, known as “The Surge,” seeks to […]
Ethereum started a strong increase and broke the $600 resistance against the US Dollar. ETH price is up over 4% and it could even surge above $625. Ethereum remained in a positive zone and climbed above the $600 resistance level. The price traded close to the $620 level (as discussed yesterday) and settled above the […]
Ethereum‘s performance in the ongoing bull cycle is being considered sluggish compared to other past bull market cycles, where the second largest crypto asset witnessed significant growth within the timeframe. Nonetheless, ETH appears to be regaining upward momentum, showing the potential for a short-term rebound. An Impending Short-Term Surge For Ethereum Rebound hopes for Ethereum […]
Ethereum is trading in a range below the $600 and $602 resistance levels against the US Dollar. ETH price could start a strong surge if there is a successful close above $600. Ethereum is facing a strong resistance near the $600 and $602 levels. The price is consolidating above the $585 support and below the […]