Ethereum’s Price Explodes 97%, Hits $2,743 – Here’s The Next Target
Since April 7, ETH has staged an impressive rally, climbing nearly 97% from $1,388 to $2,743. This powerful upward move has caught attention, signaling renewed bullish momentum across the broader crypto market. With key resistance levels approaching, ETH is likely to maintain its strength and push toward the next psychological milestone. Will Ethereum Lead The […]
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Crypto analyst Ali Martinez highlighted a bullish indicator that has reappeared on Ethereum’s chart. Based on this development, the analyst provided a price target that the crypto token could reach soon enough. Bull Pennant Forms On Ethereum’s Chart Related Reading: ‘Crypto For Harris’ 2024 US Election Campaign Branded A Fraud Martinez revealed that a bull […]
Ethereum’s price is at the bottom limit of the medium-term flat. The odds are stacking in favor of an upward movement. Is the long-term correction over? The movement, which has broken through the key support level around $14 is a wave of correction towards the downward trend. That was confirmed by the turn at $12. Ethereum’s price has broken through that resistance and, after fortifying at the $12 mark, formed a turn to decline. As was pointed out earlier, that level was responsible for the balance of power between the bulls and the bears. A fortification meant that the bears are holding....
After the end of its short-term upward trend, Ethereum is continuing to form a medium-term flat. The price is close to the bottom limit, from which an upward rebound is also likely. Will the medium-term upward trend continue? Ethereum’s price is approaching the bottom limit of the flat. That means that the market will soon reach a decision point for the direction of the coming weekly trend. The minimal correction target for the whole upward trend, which started at $10, is reached. Thus, the market will decide between two options at the bottom limit of the flat: either a correction of a....
While Bitcoin explodes past $17,000, Ethereum has seen only tempered momentum That being said, the crypto was able to break above a crucial resistance level today, and is trying to gain a footing above $470 This has led one analyst to expect significantly further upside in the near-term He believes that $480 is the next key level that ETH will target, with a break above here being vital for it to see a strong push […]
Ethereum’s price is fortifying at a key level. That is the first signal of a turn to growth. Will the upward trend continue? What needs to happen for a turn to growth? A fortification at key bear level indicates the lack of demand. The bulls are holding the advantage. If this continues and Ethereum’s price starts forming a turn to growth, there will be a high probability of larger scale correction towards the next target of $11.1 - $11.2. If, however, the bulls win the advantage, the $10.2 mark will become a key resistance line. A fortification and formation of a turn at it will most....