TA: Ethereum Rallies To $1,700, Why ETH Remains In Strong Uptrend
Ethereum broke the $1,500 resistance and traded to a new all-time high at $1,697 against the US Dollar. ETH price is correcting gains, but dips are likely to be limited in the near term. Ethereum is up over 10% and it traded to a new all-time high near $1,697. The price is now trading well […]
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Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close. Despite the mixed price action, analysts think ETH remains in bullish standing. Ethereum Analysts Thinks the Uptrend Is Intact One crypto-asset analyst shared the chart below on October 25th. It shows that Ethereum remains in a consolidation below a […]
Ethereum traded to a new all-time high near $1,870 before correcting lower against the US Dollar. ETH price is holding gains and it is likely to accelerate higher towards $2,000. ETH price traded in a strong uptrend and climbed above $1,850 lower against the US Dollar. The price is trading nicely above the $1,750 level […]
Ethereum traded to a new all-time high at $1,840 before correcting lower against the US Dollar. ETH price is holding the $1,700 level and it is likely to start a fresh increase. Ethereum started a downside correction after trading to a new all-time high near $1,840. The price is now trading nicely above $1,700 and […]
Altcoins could also see a strong buying interest and may run up vertically if Bitcoin rallies above $30,000. Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher level.Institutional crypto investment giant Grayscale bought 72,950 Bitcoin in December, which was 159.49% more than the 28,112 Bitcoin mined during that period, according to data from Coin98 Analytics. It is not only the institutions buying — a strong bull run also attracts speculators....
Ethereum price made a major move this past week versus the US Dollar, and it remains supported as there is a crucial support on the downside. Key Highlights. Ethereum price surged higher this past week against the US Dollar and made a high of $14.22. The price remains supported as there is a bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX). The price may dip from the current levels, but the bulls may be able to protect the downside. Ethereum Price Trend Line. Ethereum price ETH surged higher recently versus the new dollar and we even saw a new monthly high....