Ethereum (ETH and ETC) Price Trends (Week of October 17th)
The fortification of Ethereum’s price on a key level can lead to a fall. What are the traders’ current expectations regarding the future development of Ether’s market? ETH/USD. One of the scenarios that we have predicted earlier has come into fruition. Ether’s price is fortifying at a key technical level of $11.5. Most bulls see that mark as the peak of a correction toward the upward trend which has started at $8. That’s why the price has stopped falling and remains near that level. However, the resulting flat indicates that there is a counterforce from the bears. The resulting balance....
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Ethereum’s price is heading down. The short-term downward trend, which has held for almost the entire week, has reached a key level. It is time for a natural upward movement. ETH/USD. Last Tuesday, the advantage was held by the bears. Ether’s price has begun confidently forming a downward trend, never once breaking its structure. However, in order to continue its fall, the price has to break through a serious resistance line, which it has approached closely. Usually, an opposing force appears in such points, in the form of bulls, and the downward trend is followed by at least a rebound.....
The current upward dynamics on Ethereum and Litecoin markets have the potential to grow into medium-term upward trends. The price of Dash is close to an important long-term level where a long-term upward trend may continue. Ethereum’s price is in a rebound after a continuous fall. This upward movement is natural, because there was no turn in the long-term scope. This rebound can grow into a turn to growth if the upward trend’s structure isn’t disrupted. The level of $7.5 is responsible for the continuation of the downward trend, provided that Ethereum’s price fortifies at it and forms a....
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term “bitcoin” have slid 72% since it scored the highest score of 100 last May to today’s score of 28.
Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and....