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TA: Ethereum Damages Listed Below $600: Why 100 SMA Might Trigger Fresh Boost
Ethereum started a downside correction from the $620 zone against the US Dollar. ETH price is now trading near a major support at $580 and the 100 hourly SMA Ethereum started a downside correction after it failed to clear the $620 and $625 resistance levels. The price traded below the $600 support, but it is…
Ethereum (ETH) Clears $600, Making A Retest Of All-Time Highs Imminent
Ethereum has exploded with the same momentum that Bitcoin did earlier in November, now taking the altcoin’s recovery to over $600. The level is the last major resistance zone before an all-time high retest is due. Here is the level to watch for where a reversal could take place, or if it’s too late and…
TA: Ethereum Breaks $580: Why ETH Might Rise Previous $600
Ethereum is gaining pace above the $565 and $575 levels against the US Dollar. ETH price surpassed $580 and it seems like the bulls are aiming a test of $600 in the near term. Ethereum is trading in a positive zone above the $560 support level. The price cleared the $580 resistance and settled well…
Ethereum Explodes to $570 as Capital Cycles From Bitcoin Into Altcoins
Ethereum is exploding higher despite a strong Bitcoin correction just hours ago. The price of Bitcoin fell as low as $17,500 on leading exchanges this morning as the institutional buying that kept the price afloat during the week abated over the weekend. BTC has since bounced back since hitting those lows. Ethereum, too, has rallied:…
Ethereum Might Correct Gains, Why Dips Remain Attractive Near $530
Ethereum started a strong surge above the $500 resistance against the US Dollar. ETH price traded as high as $562 and it is currently correcting gains. ETH price traded to a new multi-month high near $562 against the US Dollar. The price is currently correcting lower below $550, but it is well above the 100…
Ethereum Rises 10% Greater As DeFi Rally Continues, ETH2 Inches Closer
Ethereum has surged higher in the past 24 hours by nearly 10%, pushing as high as $520 for the first time since 2018. The leading cryptocurrency is currently outpacing Bitcoin on a daily basis, though is still underpacing BTC on a multi-week basis. Analysts think the cryptocurrency will surge even higher in the weeks ahead…
Ethereum Shatters Important Resistance as Leading Holders Start Accumulating
Ethereum has seen some incredibly strong price action throughout the past few days and weeks, with buyers taking full control of its price action as they hold it above $500 for an extended period of time. The selling pressure seen here has proven to be quite significant, as its rally has halted in its tracks…
Why This “Whale” Believes Ethereum Might Quickly Be “Better Digital Gold” than Bitcoin
Bitcoin and Ethereum are rarely compared beyond when discussing market structures and price trends, with their underlying fundamental values being wildly different. While Bitcoin is seen as a store of value and a “digital gold,” Ethereum is widely thought to be more of an ecosystem backbone. The vast majority of the actively used crypto space…
TA: Ethereum Has A Hard Time Listed Below $485, Why 100 SMA Is The Secret
Ethereum rallied close to $495, but it failed to test $500 against the US Dollar. ETH price is currently correcting gains (similar to bitcoin) and showing bearish signs below $485. Ethereum is correcting lower and trading below the key $485 pivot level. The price is holding the main $470 support level and the 100 hourly…
Ethereum May Quickly See “Open Skies” and Rise Towards $800, Claims Expert
Ethereum, much like Bitcoin and the rest of the crypto market, has seen significant buy-side pressure throughout the past couple of weeks that has allowed it to post some massive gains. Its uptrend reached a boiling point last night when buyers sent its price rocketing up to highs of nearly $500 before it faced a…