Ethereum Moves Higher — Buyers Strengthen Grip Amid Renewed Market Optimism
Ethereum price started a recovery wave above $4,000. ETH is moving higher but faces a couple of key hurdles near $4,220 and $4,250. Ethereum started a fresh recovery above $4,000 and $4,120. The price is trading above $4,120 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,220. Ethereum Price Eyes Steady Gains Ethereum price started a minor recovery wave above the $3,880 zone, like Bitcoin. ETH price surpassed the $4,000 and....
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Ethereum is seeing renewed vigor as the price enters the beginning stages of another bull rally. Following the long-suffering month of September, ETH’s price had crashed below $3,000, putting the digital asset in a tight spot as bears tightened their grip on the market. This was not helped by decreased interest as the market had […]
Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC.’ As the second-largest crypto by market capitalization, Ethereum has garnered notable attention following an uptick in funding rates—a measure used to gauge the demand balance between buyers and sellers in futures contracts. Related Reading: Ethereum Holds Key Support To Set A $6,000 Target – Analyst Rise In Funding Rates To Drive Breakout? Positive funding rates imply that there are more aggressive buyers, indicating bullish....
Ethereum is witnessing renewed optimism and interest from investors as the digital asset rides the bullish wave, caused by a positive market condition. Given the notable price growth observed in the past few days, there are speculations that the upward trend may extend to higher levels in the short term. Bullish Tailwinds Bolster Ethereum’s Price […]
Ethereum Price Key Highlights. Ethereum price moved higher and managed to settle above a major resistance area of 0.00250BTC. The price is under a bullish pressure, and it is likely that we may witness more upsides in the near term. There is a major bullish trend line formed on the hourly chart, which can be seen as a buying zone. Ethereum price traded higher and it looks set for more gains moving ahead as buyers managed to clear a major hurdle. 0.00250BTC as Support. The Ethereum price gained heavily recently, as sellers failed to take the price below 0.00150BTC. There was a solid upside....
Litecoin extends its rally to hit a high of $3.140 as the cryptocurrency aims to soar past the immediate overhead resistance at $3.130. Currently at $3.121, Litecoin is in a strong bullish grip and may leapfrog to higher levels on consistent support from buyers. Rising Bitcoin market is also aiding the Litecoin market. Although the risks cited in the previous Litecoin price analysis Closing In have been averted for now, we can never be too cautious for a volatile cryptocurrency like this one. Therefore, let us see what the technical indicators have to say about the latest price advance.....