It’s the Moment of Truth for Ethereum as Analyst Eyes Move to New Highs
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 […]
Related News
Crypto analyst Ben Gray has asserted that the Ethereum price is bullish and revealed the price range that the leading altcoin is targeting. However, ETH is set to face major resistance at $2,100, a level which it needs to break out from as it targets new highs. Ethereum Price Faces Major Resistance At $2,100 In a TradingView post, Ben Gray revealed that the Ethereum price is facing a key resistance level at $2,160 even as it eyes a rally to new highs. Despite this development, the analyst asserted that ETH’s market is bullish. While noting that the leading altcoin is fluctuating between....
Ethereum has consolidated since hitting the $465 highs last week. It is neither up nor down in the past 24 hours. Still, analysts say that Ethereum is primed to move even higher in the weeks ahead. An analyst noted that the cryptocurrency is currently in the midst of a bullish pennant pattern, which could trigger a move above $500. Ethereum Primed to See Strong Rally Higher Ethereum has consolidated since hitting the $465 highs last […]
Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. One crypto-asset analyst noted that as long as Ethereum holds the $350 region, it could move towards $700 in the long term. The chart suggests that the prices in the vicinity of $350 are of macro importance. Namely, in […]
Ethereum has undergone a strong rejection since reaching the summer highs of $490. The leading cryptocurrency fell from those highs to a recent September low of $315, liquidating many investors in the process. While the cryptocurrency remains on shaky footing, Ethereum is expected to move dramatically higher in the months ahead. Related Reading: Ethereum Transaction […]
Ethereum’s price fluctuations may be nearing its end in the short term, indicating a potential start of the much-anticipated major upward move to a new all-time high. Its upside capability to new highs is further supported by bullish indicators and key patterns cited on its chart. A Rally Incoming For Ethereum Shortly? In light of […]