TA: Ethereum Sets New ATH, Why ETH Could Soon Test $5K
Ethereum surged over 5% and surpassed $4,500 against the US Dollar. ETH traded to a new all-time high and it could continue to rise towards $5,000 in the near term. Ethereum gained pace above the $4,450 and $4,500 resistance levels. The price is now trading above $4,400 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the $4,600 resistance in the near term. Ethereum Price Extends Rally Ethereum formed a base above the....
Related News
Moonbeam has released its Alpha v3 test net, and the latest build throws a bone to Ethereum developers who’ve been eyeing the Polkadot space with interest. Newly rolled out functionality unifies accounts and simplifies interacting with the test net, making it easier for Ethereum devs to get involved, while enhancing the user experience to boot. Moonbeam Smiles Kindly on Ethereum Alpha v3 is the latest and greatest version of Moonbeam, having been developed by smart […]
Ethereum Price Key Highlights. Ethereum price is still stuck inside its range, finding support at 0.00285 and resistance at 0.00305. Price bounced off the bottom of the range as expected and is on its way to test the top again. Ethereum price could keep moving sideways, especially if the top of the range holds as resistance and spurs another test of support. Buyers Regaining Control. Technical indicators are suggesting that a bounce is underway, with stochastic and RSI both climbing out of the oversold region to indicate a return in bullish momentum. The average directional index is moving....
Ethereum is gaining momentum above $2,300 against the US Dollar. ETH price is showing positive signs and it is likely to continue higher towards the $2,400 and $2,500 levels. Ethereum is gaining pace above the $2,200 and $2,250 resistance levels. The price is now trading well above $2,250 and the 100 hourly simple moving average. […]
Ethereum extended its rally and traded to a new all-time high at $2,150 against the US Dollar. ETH price is now consolidating gains and it is likely to rally above $2,200. Ethereum is trading nicely in a bullish zone above the $2,050 support. The price is now well above the $2,100 support and the 100 […]
Ethereum extended its rise and traded to a new all-time high at $1,830 against the US Dollar. ETH price is trading in a positive zone and it looks set for more gains towards $1,900. Ethereum corrected lower, but it regained strength to set a new all-time high near $1,830. The price is now trading well […]