No Ethereum Rally Until Q4? Analyst Eyes Choppy September Before New Highs
As the crypto market continues to struggle, Ethereum (ETH) is attempting to hold a crucial zone as support to resume its bullish rally. However, some analysts suggest that the cryptocurrency will see another choppy September before the long-awaited Q4 run. Related Reading: Ethereum Demand Stays Strong As Exchange Reserves Keep Falling – Details Ethereum Party To Be Delayed? Amid the recent market correction, Ethereum closed August around the $4,390 area, recording its highest monthly close since November 2021. The end-of-month market pullback sent the King of Altcoins’ price to the $4,250....
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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 saw a meteoric rally yesterday that allowed it to post some massive gains, with bulls taking full control as they sent it to fresh all-time highs The crypto is still struggling to gain enough support to hold above its previous all-time highs of $1,450, with the selling pressure above this level being significant It […]
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 […]
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 […]
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60.5% since their local highs. Even the best-performer, […]