Analyst: Ethereum Will Explode Past $400 as Key Level Reclaimed by Bulls
Ethereum has undergone a strong drop since peaking at $400 this past weekend. The leading cryptocurrency currently trades for $380, down after Bitcoin dropped from its daily highs. Analysts still think that ETH will move higher, though, citing technical trends. Ethereum Could Explode Past $400, Analysts Say Analysts remain confident about Ethereum despite recent uncertainty in the price of Bitcoin. One trader said, referencing how ETH is still holding above range supports: “I don’t short […]
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Ethereum (ETH) is once again trading above the $2,000 mark after several days of struggle, offering a glimmer of hope for investors looking for a recovery. The second-largest cryptocurrency has faced intense selling pressure in recent weeks, losing over 38% of its value since late February. Panic spread through the market when ETH broke below the key $2,000 level and later plunged under $1,800 — a move that signaled weakness and raised fears of a deeper correction. Related Reading: Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43 Despite the volatility, market....
Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest push higher has allowed ETH to re-surmount its crucial $380 level – which is the price that has determined several trends throughout the past few months. Bulls must now move to build support at this level, […]
Ethereum has been mirroring the price action seen by Bitcoin throughout the past few days and weeks This has mainly worked in its favor, but BTC’s immense momentum has not been enough to pull ETH past its crucial $500 resistance level The selling pressure here is quite significant, and whether or not the cryptocurrency can surmount this should shine some light into its near-term trend It is important to note that Ethereum has reclaimed a […]
Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […]
Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]