Ethereum Shows Strength – Bulls Aim Higher As ETH Eyes Potential Outperformance
Ethereum price started a fresh recovery above $4,120. ETH is now showing positive signs and might rise further toward the $4,400 level. Ethereum started a recovery wave above the $4,000 and $4,120 levels. The price is trading above $4,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,320. Ethereum Price Gains Traction Ethereum price started a recovery wave above the $3,850 level, like Bitcoin. ETH price formed a base....
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Ethereum has been rocketing higher throughout the past few days, with its latest round of upside kicking off after the sudden rally from the mid-$700 region to over $1,000 The crypto has now established a solid foothold within the $1,000 region, and bulls confirmed this level as support yesterday This is indicative of its present strength, and its ability to climb today while Bitcoin consolidates has given its BTC pair some strength Where the entire […]
QNT price holds strong above 50 and 200 EMA on a higher timeframe. QNT rallies as price eyes $160 despite the crypto experiencing a bloodbath across the market. The price faces resistance at $144 in the weekly timeframe. Quant (QNT) price has recently shown bullish strength against tether (USDT) as price trends higher above expectations. The price of Quant (QNT) has shown its strength despite Bitcoin (BTC) pulling most altcoins down after a rally from $19,000 to a region of $20,400, with the price rejected instantly from that region. (Data from Binance) Related Reading: TA: Ethereum....
ATOM’s price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on $17. ATOM could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. ATOM’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Cosmos (ATOM) has been tremendous as the price resisted the bears rallying from a region of $12.7 to a high of $14, reclaiming a vital support area it has....
Ethereum is trading near a crucial support zone as the entire crypto market undergoes a retracement phase. After days of bullish momentum, ETH now hovers around the $2,550 level—a line that could determine the short-term trajectory. Despite the pullback, Ethereum remains relatively strong compared to other assets, showing signs that bulls still maintain control of the structure. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support However, risks are rising. If Ethereum loses this key demand zone, bearish pressure could intensify and trigger....
Bitcoin’s price action as of late has greatly favored bears, with bulls being unable to generate any significant momentum This comes just 24 hours following a failed breakout attempt seen by the cryptocurrency that ultimately resulted in it seeing a massive rejection around $34,500 The selling pressure here indicates that bulls may not have enough present strength to reverse the downtrend that began following the break below $40,000 several weeks back This has created headwinds […]