Will Ethereum keep rallying versus Bitcoin? ETH price technicals hint at 60% ...
Ether could enter the pattern's breakout stage in the days leading up to the highly-anticipated Merge. Ethereum's native token Ether (ETH) shows the potential to log major gains versus Bitcoin (BTC) with the ETH/BTC pair nearing yearly highs. Ether paints classic bullish reversal patternThe bullish cues come from a classic technical pattern called the inverse head and shoulders, which develops when the price forms three troughs below a common support level known as neckline. The middle trough, or head, is deeper than the other two, called the shoulders. An inverse head and shoulders setup....
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Ethereum is currently correcting higher above $350 against the US Dollar. ETH price is now trading near a major hurdle at $355 and it might start a fresh decline. Ethereum is up close to 2% and it broke the $350 resistance zone. The price is currently trading above the 100 hourly simple moving average, but […]
LDO price is up roughly 30% over the past day, gaining approximately 500% since mid-June. Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum's network upgrade in September.On the daily chart, LDO's price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The sharp upside reversal amounted to nearly 30% gains in a day, suggesting traders' strengthening bullish bias for Lido DAO.LDO/USD daily price chart. Source: TradingViewLido DAO is a liquid staking solution for....
Bitcoin price is up 30% versus Ethereum (ETH) in 2023, and bulls appear not to be slowing down, looking at the performance in the weekly chart. BTC is on the brink of pushing ETH lower at spot rates, registering new 2023 lows and extending gains from early this year. The Downtrend Remains: Will Bitcoin Extend Rally? Bitcoin bulls are in the driving seat. Candlestick arrangement in the weekly chart shows that BTC pushed on, extending its rally against the second most valuable coin despite attempts for higher highs in mid-August. In the second week of August, ETH added roughly 7% versus....
Ethereum classic price remained in a downtrend versus BTC, and it looks like there is a lot of risk at the moment for more losses in ETC. Key Highlights. Ethereum classic continued to face selling pressure versus Bitcoin and may trade further down. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a resistance. A break below 0.0030BTC may push the price towards the last swing low of 0.0026BTC. Ethereum Classic Price Resistance. Ethereum classic price ETC struggle continues, as it failed to find buyers versus Bitcoin. There is a....
Ethereum price after setting a short-term top versus the US Dollar at $12.50 started correcting lower and may extend the current wave. Key Highlights. Ethereum price rocketed higher this past week versus the US Dollar, but found resistance near $12.50. There is a major bearish trend line formed on the daily chart of the ETH/USD pair (data feed via SimpleFX), which acted as a barrier for more gains. The price may correct a few more points in the near term, but remain in an uptrend. Ethereum Price Correction. Ethereum price ETH this past week enjoyed a decent upside ride versus the US Dollar....