Ethereum Reclaims Key Support At $1,574 – Here’s The Next Price Target
Market prices of Ethereum (ETH) gained by over 4% in the past day, as the prominent altcoin broke out of a tight consolidation zone between $1,548 and $1,599. Despite some retracement in the last few hours, the growing bullish momentum in the ETH market shows signals of a sustainable price rally. Notably, renowned crypto analyst Ali Martinez has highlighted the potential next price target for the second-largest cryptocurrency. Related Reading: Ethereum Price Rebound: Breakout To $1,800 With These Two Supply Zones ETH Bulls Set Sights On $1,810 Resistance In an X post on April 12, Martinez....
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Ethereum started a downside correction below the $460 support level against the US Dollar. ETH price is now trading below $450 and it remains at a risk of more downsides. Ethereum is showing a few bearish signs below the $460 and $455 support levels. The price is now trading well below $460 level the 100 […]
Bitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving […]
Ethereum price traded further higher yesterday, and reached my final target of $10.40. Now can it correct and trade higher once again? Key Highlights. Ethereum price continued to move higher vs the US Dollar and reached my final target of $10.40. There is now a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a support if the price moves down. The price has already started correcting lower, and it would be interesting to see how far it can go. Ethereum Price Trend Line Support. Ethereum price ETH after settling above the $10.00 resistance....
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Ethereum's native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.Ethereum price back above key trendlineETH price rising above its 50-week exponential moving average (50-week EMA; the red wave in the chart below) means the price also inched above $3,000, a psychological support level that may serve as the ground for Ether's next leg up.ETH/USD weekly price chart. Source:....
Here’s what we are focusing on for this evening's session in the bitcoin price. In this morning’s analysis, we discussed the pretty flat action that we had seen in the bitcoin price across the last few days. After the pretty wild weekend we saw just gone, when price broke through to fresh highs and reached upwards of 600 on some exchanges, action has traded sideways between a pretty tight range, and this left us with very little to go at ahead of this morning’s open. Action today has given us a bit more to discuss, however, so let’s get to it. Specifically, the price range we outlined this....