Ethereum Next Big Move Incoming? Expert Points To 75% Price Surge Ahead
Ethereum‘s renewed price momentum appears to be slowing down as bears have taken control of the market once again. Despite the waning price strength, several crypto analysts are still bullish about the crypto asset’s trajectory, predicting that ETH could be set to rally in the short term. Ethereum Primed For Explosive Growth The price of […]
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Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100. Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days. However, recent data on wallet activity provides much cause to be bullish on Ethereum’s long-term future. Related Reading: Ethereum Rejected At $4,000 Resistance Again: What Lies Ahead For ETH? Ethereum HODL Addresses Increase Supply Dominance To 16% In a recent QuickTake post, CryptoQuant analyst MAC_D shared some positive....
Ethereum price gained bids this past week against the US Dollar, and might be preparing for more upsides moving ahead. Key Highlights. Ethereum price enjoyed a decent upside move against the US Dollar, and broke a major resistance area. This past week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken to open the doors for more gains. The price is currently consolidating in a range, and may be setting up for the next move. Ethereum Price Range. Ethereum price ETH managed to trade a few points higher this past week against the US dollar and....
Ethereum prices surge from the low of $980 to a high of $1,743 with so much excitement as regards the merge coming up in a few weeks. With the monthly close, there have been high expectations for the Ethereum price to reach a region of $2,000 -$2,400. Ethereum Weekly Chart The Ethereum price surged from the low $1,012 to $1,743 after several weeks of a downtrend. There was a bit of relief bounce from Ethereum haven traded below the 50 & 200 Exponential moving average (EMA). Ethereum, as of writing, is trading at $1,580 after being rejected at $1,722; Ethereum could not break the weekly....
Ethereum price traded further higher, and then started consolidating gains. There is a chance of another upside move in ETH/USD moving ahead. Yesterday, I mentioned that there is a risk of more upsides in Ethereum price ETH against the US Dollar. The price did move a few points higher, but found sellers near a resistance trend line on the hourly chart (data feed via Kraken) of ETH/USD. There was a minor correction after failing to clear the trend line resistance, but the price found bids near a major support area. On the downside, the $8.00 level, which acted as a resistance earlier is....
Ethereum price surge is impressive against the US Dollar, but the traders need to be careful now as there is a chance of a correction. Key Highlights. ETH price moved further higher against the US Dollar during the past 24 hours and created a new high. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD acted as a perfect buy area and produced a bounce. The price is now in the overbought area, and may correct lower in the near term. Ethereum Price Surge. Ethereum price continued to impress, as it registered solid gains not only against the US....