Why The Ethereum Price Could Rally Above $1,800 Before A Big Crash
The Ethereum price is following Bitcoin as the two largest cryptocurrencies by market capitalization trend to the upside. The market is currently facing low timeframe resisting, but the general sentiment seems to have flipped bullish across the board. Related Reading: WATCH: Bitcoin Bottoms As Easy As Pi? | BTCUSD September 9, 2022 At the time of writing, Ethereum price trades at $1,700 with a 5% and 7% profit in the last 24 hours and 7 days, respectively. In the meantime, Bitcoin is outperforming with a 10% profit over the past trading session. The Ethereum Rally That Could Precede A....
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The Ethereum price continues to disappoint investors who expected that the second-largest cryptocurrency by market cap would have hit new all-time highs alongside Bitcoin crossing $100,000. However, this has not been the case as Ethereum has reversed violently and returned to levels not seen in five years. Even with so much value lost already, expectations […]
Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside. Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at the Binance Blockchain Week, Tom Lee predicted that the Ethereum price could reach $12,000 as Bitcoin rallies to $250,000 within the next few months. He explained that ETH can reach the $12,000 target if the ETH/BTC ratio returns to its eight-year average of 0.0479. Lee described....
While Bitcoin has been moving sideways after a rejection above $40,000, Ethereum has been running hot from a low of around $1,7000. The second cryptocurrency by market cap trades at $2,702, an area that has been flipped into support after a 10% rally yesterday. Before the crash, ETH has more signs of a strong price […]
Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20. XRP Price Faces Resistance At $2.9 But Could Still Rally To $20 In a TradingView post, ElmoX outlined two scenarios for the XRP price as it eyes a rally to $20, although he noted that the crypto will retest the major resistance at around $2.92 either way, on its way to a new all-time high (ATH). For the....
Coming out of weeks of downtrend, the Ethereum price could be looking to establish the next bottom as it sets up for a campaign toward new all-time highs. This is highlighted by crypto analyst MMBTtrader, who explained that the Ethereum price crash could be coming to an end. This is evidenced by a number of formations on the Ethereum price chart that suggest where the next lift-off might begin. Ethereum Price Is Testing The Next Major Support In an analysis shared on the TradingView website, the crypto analyst explained that the Ethereum price is now testing the next crucial technical....