Why The Ethereum Price Could Rally Above $1,800 Before A Big Crash
The Ethereum price is following Bitcoin as the two largest cryptocurrencies by market capitalization trend to the upside. The market is currently facing low timeframe resisting, but the general sentiment seems to have flipped bullish across the board. Related Reading: WATCH: Bitcoin Bottoms As Easy As Pi? | BTCUSD September 9, 2022 At the time of writing, Ethereum price trades at $1,700 with a 5% and 7% profit in the last 24 hours and 7 days, respectively. In the meantime, Bitcoin is outperforming with a 10% profit over the past trading session. The Ethereum Rally That Could Precede A....
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The Ethereum price continues to disappoint investors who expected that the second-largest cryptocurrency by market cap would have hit new all-time highs alongside Bitcoin crossing $100,000. However, this has not been the case as Ethereum has reversed violently and returned to levels not seen in five years. Even with so much value lost already, expectations […]
While Bitcoin has been moving sideways after a rejection above $40,000, Ethereum has been running hot from a low of around $1,7000. The second cryptocurrency by market cap trades at $2,702, an area that has been flipped into support after a 10% rally yesterday. Before the crash, ETH has more signs of a strong price […]
Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20. XRP Price Faces Resistance At $2.9 But Could Still Rally To $20 In a TradingView post, ElmoX outlined two scenarios for the XRP price as it eyes a rally to $20, although he noted that the crypto will retest the major resistance at around $2.92 either way, on its way to a new all-time high (ATH). For the....
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 […]
Crypto analyst Ali Martinez has provided insights into what the Bitcoin price trajectory could look like in the coming weeks. Interestingly, the analyst predicted that Bitcoin could rally to $138,000 and then experience a 30% price crash. Why Bitcoin Could Rise To $138,000 And Crash After In an X post, Martinez alluded to historical trends to explain why the Bitcoin price could rally first to $138,000 and then crash by 30% after. He stated that during the 2017 bull market, Bitcoin surged 156% past its previous all-time high (ATH) before the first major correction of 39%. Similarly, BTC....