Ethereum has recently formed a bull flag, indicating significant potential for upcoming market movements. On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling. If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.
Ethereum Primed for a Bullish Surge: Anticipating a Price Breakout to $3,400 As the cryptocurrency market experiences heightened volatility, Ethereum (ETH) enthusiasts and traders are closely monitoring a key resistance level that could pave the way for a substantial bullish breakout. Current market sentiment suggests a bullish trend, prompting many to consider...
Ethereum trajectory is bullish within an ascending channel, consistently forming higher highs and higher lows. The 0.5 Fibonacci level has proven to be a robust support zone, with price action rebounding from this area multiple times, indicative of strong buyer interest. Market Cipher B's green dots below the momentum line hint at sustained bullish momentum. As...
Ethereum is going down, but soon it will approach strong support. There is something missing on the chart, and in my opinion, it's this right shoulder of a head and shoulders pattern. It's pretty likely that Ethereum is going to go sideways for the next 30 days, but what you can do is buy low in the range and sell high in the range. After we complete the head and...
"Ethereum Overbought: A Short-Term Analysis and Bearish Outlook" Over the past four months, Ethereum has displayed a relentless bullish momentum, with only a brief test of a previous support level. This limited retracement raises concerns about the sustainability of the current bull run, as it may not have been sufficient to shake out all the long...
Ethereum is very bullish, in my opinion. We see that the price went below the parallel channel, but there is no bearish follow-through. In my opinion, this is a bear trap, and we will continue to go higher. 27% pump is my net target; take profit at the top of the trendline, as you can see in the picture. The good news is that the ABC correction has been completed...
Ethereum is currently bearish because the price is below the major trendline. I am currently bearish and expecting lower prices, but if ETH rises above 2320, I will become bullish again. What are the possible reversal points? Definitely 0.618 or 0.5 FIB retracement of the previous uptrend. 0.5 FIB is not that significant for the crypto market, but in this case, we...
Ethereum is coming nicely higher as expected based on Elliott wave theory and it's now even extending the rally on the news that Blackrock Ethereum ETF plan is confirmed in the Nasdaq filing. On a daily chart, there's a chance it's trading in wave (5) of a potential leading diagonal formation or alternatively maybe even in wave (3) if we see a decisive break above...
Ethereum Creator Vitalik Buterin Invests in Nocturne Labs' $6M Seed Funding Round. U.S.-based startup Nocturne Labs secured $6M in seed funding, in part provided by Vitalik Buterin. The series of investments was co-led by Bain Capital Crypto and Polychain Capital. It also saw participation from investors including Bankless Ventures, Hack VC, Robot Ventures....
Ethereum is currently trading around $1,700 and has struggled to break the $1,900 Fibonacci level. This resistance suggests a bearish outlook. If the trend continues, we might see Ethereum revisiting the $1,200 range and even testing support below the Fibonacci level. Traders should remain cautious and monitor critical support and resistance zones closely....
Ethereum, alongside Bitcoin and Dogecoin, is one of those cryptocurrencies that are well-known even outside of the crypto community. And it is for a good reason — Ethereum is one of the most feature-rich and interesting blockchains out there. Ethereum ETH/USD ends the trading week at 1623 and continues to move within the correction and bullish channel. Moving...
Ethereum, like Bitcoin, has made a decisive movement. Analyzing Ethereum however, gives us further insights into what we can expect from Bitcoin following this pump, and how we can use this information to identify profitable trade setups for both assets. Ethereum has pumped up to a Daily Supply Zone, just like Bitcoin. The current resistance level to break on my...
Ethereum has demonstrated strong backing from its purchasers, pushing its price beyond $1,670 by overcoming multiple static and dynamic barriers. The prevailing short-term upward trend indicates the possibility of continued growth until Ethereum hits its upcoming milestones. These next goals are set at $1705, $1740, and $1810. However, reaching the third target...
Ethereum's price chart, spanning the $1600 to $1700 range, encounters several dynamic and static resistance points, creating the potential for a range-bound trend within these levels. Furthermore, within shorter timeframes, Ethereum's current trend oscillates between $1690 and $1650. A substantial breakout from this price channel could potentially trigger a...
Ethereum (ETH) has experienced a corrective phase following its new yearly high on July 14. While the price action confirms the correction, the wave count suggests that ETH will likely bottom soon, paving the way for it to resume the previous upward trend. Daily RSI Bearish Signal The daily Relative Strength Index (RSI) is bearish, corroborating the Ethereum...
Ethereum experienced a significant upward move after a bearish phase, but it is currently consolidating below the daily resistance level. If Ethereum fails to surpass this level, it may retest a lower support around $1750. However, considering the recent momentum, there is an increased possibility of a bullish sentiment resurfacing, which could result in a...
Ethereum's native token, Ether (ETH), has encountered a temporary setback in its value, currently trading at around $1,638, marking a slight 7% decrease today. However, this dip should be seen in the context of broader market dynamics and presents potential opportunities for bullish investors. One key factor influencing Ethereum's price is the recent hawkish...
Ethereum is moving in the 🔴heavy resistance zone🔴; if we look at Ethereum in terms of Elliott wave theory in the Daily time frame, we will find that Ethereum is completing 5 impulsive waves so that the fifth main wave follows the Expanding Ending Diagonal structure. There are two signs to confirm the wave count: 1 - There is a Regular Divergence(RD-) between...