Ethereum Price Breaks Out—10% Surge Sparks Bullish Momentum
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level. Ethereum started a decent increase above the $2,350 resistance zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 and $2,550 resistance levels to continue higher. Ethereum Price Rallies 10% Ethereum price extended losses below $2,200 before the bulls appeared, like....
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Breaking out of an eight-month downward trend, Ethereum (ETH) is back in the news. This marks a major turning point for the second-largest cryptocurrency by market capitalization. The coin rose more than 5% in a single day, reaching $3,525, and has gained 38% in the last 30 days. Analysts are buzzing, implying that ETH still has a lot of upside potential as it continues to rise. Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report This latest breakthrough has inspired more general market confidence. ETH has risen by 10% over the past week,....
Recently, the price of XRP with a bullish momentum has made a significant surge above the $0.4663 resistance mark. This upside movement has jarred up optimism among investors and market analysts, leading to speculation about whether the next anticipated target of $0.5724 is within reach. As XRP continues to gain pace, this article delves into providing an in-depth analysis of XRP’s current price action and analyzes technical indicators to answer the question of whether this rally can sustain its momentum and achieve new heights or if a correction is imminent. With a market....
Bitcoin price gained bullish momentum above the $57,000 resistance against the US Dollar. BTC is now trading nicely above $58,000 and it is likely to continue higher. Bitcoin is up over 5% and it broke the key $58,000 resistance level. The price is now well above the $58,000 resistance and the 100 hourly simple moving […]
Ethereum gained momentum above $1,650 after bitcoin’s surge against the US Dollar. ETH price is still struggling near $1,760, but it is likely to break higher. Ethereum rallied above $1,650 and it traded to a new all-time high near $1,777. The price is now trading well above $1,650 and the 100 hourly simple moving average. […]
Ethereum started a strong surge above $600 and $620 against the US Dollar. ETH price tested the $650 resistance zone and it is currently correcting gains. Ethereum gained bullish momentum after it broke the $600 resistance level. The price is up more than 10% and it is now well above the 100 hourly simple moving […]