Ethereum Eyes Big Move As Price Compresses Between Key Levels – $2,100 Or $4,...
Ethereum (ETH) is attempting to retest the local range highs following last week’s market shakeout. However, some analysts believe that the cryptocurrency will continue its sideways move for the coming weeks before its next big move. Related Reading: Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next Ethereum Eyes Range High Resistance Last week, Ethereum attempted to reclaim the $2,800 barrier, hitting a three-month high of $2,879. However, the market shakeout, fueled by the Iran-Israel conflict, sent the cryptocurrency’s price to retest its local....
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Amid the tension in the Iran-Israel conflict, the cryptocurrency market experienced another daily pullback. Bitcoin (BTC), which had just recovered from Friday’s drop, erased its recent gains and recorded a 4.5% dip to the $103,000 mark in the past 24 hours. However, some analysts believe that the flagship crypto is preparing for a big move in the coming weeks. Related Reading: Ethereum Eyes Big Move As Price Compresses Between Key Levels – $2,100 Or $4,000 Next? Bitcoin Could See Massive Move Soon On Monday, Bitcoin attempted to break its post-November range high but failed to hold the....
Ethereum price started a recovery wave from the $2,000 support zone. ETH is now rising and might aim for a move above the $2,350 resistance zone. Ethereum started a fresh upward move above the $2,220 support zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,275 and $2,350 resistance levels to start a decent increase. Ethereum Price Eyes A Comeback Ethereum price started a fresh decline below the $2,350 zone, like....
Ethereum price started a fresh increase above the $1,620 zone. ETH is now consolidating gains and might aim for more gains above $1,680. Ethereum started a decent increase above the $1,600 and $1,620 levels. The price is trading above $1,625 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $1,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,680 resistance zone. Ethereum Price Eyes More Gains Ethereum price formed a base above $1,520 and started a fresh increase,....
Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning […]
The price of Ethereum currently trades for $420. This price is $100 higher than the September lows and around 15% higher than the coin was trading last week. ETH is expected to push higher in the weeks ahead as it surmounts pivotal technical levels on a short-term basis. Analysts are eyeing a move to $500 as $420 holds as support. Ethereum Expected to Move Towards $500 as Key Levels Are Passed Ethereum has undergone a […]