TA: Ethereum Gains Traction, A Strengthening Case For More Gains
Ethereum gained over 5% and broke the $3,250 resistance against the US Dollar. ETH price is rising and could accelerate higher above $3,350. Ethereum started a strong increase above the $3,150 resistance. The price is now trading above $3,250 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $3,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating near $3,300 and might extend rally in the near term. Ethereum Price Eyes More Upsides Ethereum formed a base above the $3,050 support zone. ETH started another....
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Ethereum trends are higher as it reclaimed the mid-area at around $3,000. The second crypto by market cap stands as the third-best performer in the top 10 by market capitalization. Related Reading | TA: Ethereum Gains Traction, A Strengthening Case For More Gains At the time of writing, Ethereum (ETH) trades at $3,400 with a 7% and 19% profit in the last 24-hours and 7-day chart. Only Cardano (ADA) and Solana (SOL) record a better performance on this rank with a 39% and 26% profit, respectively. The crypto market in general has been trending upwards on the back of relief in....
Immediately after Ethereum spiked on August 29, a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. ETH prices continue to rise, trading at around $1,740 when writing. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, […]
Ethereum Classic has been seeing some of the largest growth with the news of the Ethereum Merge. Where other cryptocurrencies were seeing single-digit gains, Ethereum Classic had seen double-digit gains that pushed its price well past the $40 mark at one point. Now, even though the market has begun to shed some of its gains […]
Ethereum started a fresh increase above the $1,600 resistance against the US Dollar. ETH is gaining pace and might rise further towards the $1,650 level. Ethereum remained well supported above the $1,480 zone. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key rising channel forming with support near $1,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair is eyeing more gains above the $1,620 and $1,625 resistance levels. Ethereum Price Gains Pace Ethereum attempted an upside break above the $1,605 level, but struggled. There was a....
Since the launch of bitcoin, there have been massive gains recorded by those that got in early and held on long enough. The same was the case with Ethereum, whose market cap grew to the hundreds of billions. However, the growth that these digital assets have already seen over the years, it has put a hamper on how much they can still grow over the coming years. This is why investors are looking elsewhere for larger gains. Bitcoin, Ethereum Gains Are Lower Over the last bull market, it became apparent that bitcoin and Ethereum will no longer be able to give the kind of returns that early....