Wednesday, October 15, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • DeFi
  • Legal Hub
  • More
    • Market & Analysis
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Market & Analysis

Can Bulls Sustain the Recovery?

by n70products
September 3, 2024
in Market & Analysis
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

Ethereum value is trying a restoration wave from the $2,400 zone. ETH should clear $2,550 to proceed increased within the close to time period.

  • Ethereum began a good restoration wave above the $2,450 stage.
  • The worth is buying and selling above $2,500 and the 100-hourly Easy Transferring Common.
  • There was a break above a connecting bearish development line with resistance at $2,485 on the hourly chart of ETH/USD (information feed through Kraken).
  • The pair should keep above $2,500 to begin one other enhance within the close to time period.

Ethereum Worth Begins Restoration

Ethereum value extended losses under the $2,500 stage. ETH even examined the $2,400 help earlier than the bulls appeared. The worth began a restoration wave above the $2,450 stage like Bitcoin.

There was a transfer above the $2,480 and $2,500 resistance ranges. The worth climbed above the 50% Fib retracement stage of the downward wave from the $2,595 swing excessive to the $2,400 low. Apart from, there was a break above a connecting bearish development line with resistance at $2,485 on the hourly chart of ETH/USD.

Ethereum value is now buying and selling above $2,500 and the 100-hourly Easy Transferring Common. On the upside, the value appears to be dealing with hurdles close to the $2,550 stage. It’s near the 76.4% Fib retracement stage of the downward wave from the $2,595 swing excessive to the $2,400 low.

Ethereum Price
Supply: ETHUSD on TradingView.com

The primary main resistance is close to the $2,600 stage. A detailed above the $2,600 stage may ship Ether towards the $2,650 resistance. The subsequent key resistance is close to $2,720. An upside break above the $2,720 resistance may ship the value increased towards the $2,800 resistance zone within the close to time period.

One other Decline In ETH?

If Ethereum fails to clear the $2,550 resistance, it might begin one other decline. Preliminary help on the draw back is close to $2,495. The primary main help sits close to the $2,450 zone.

A transparent transfer under the $2,450 help may push the value towards $2,400 the place the bulls might emerge. Any extra losses may ship the value towards the $2,320 help stage within the close to time period. The subsequent key help sits at $2,250.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum within the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Main Help Stage – $2,450

Main Resistance Stage – $2,550



Source link

Tags: BullsRecoverySustain
Previous Post

Crypto Fund CIO Tags Ethereum L2 Solutions As Dangerous, Here’s Why

Next Post

SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to Creditors Involving Crypto Assets

Next Post

SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to Creditors Involving Crypto Assets

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ethereum’s price to $3000? Here’s why and why not that might happen!

August 11, 2024
Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales

Trump-linked WLFI’s 40% decline causes millions in losses for crypto whales

September 5, 2025

Will AI tokens and memecoins lead the next altcoin rally? 

March 11, 2024
Ethereum: Signs point to 2022-like consolidation ahead

Ethereum: Signs point to 2022-like consolidation ahead

April 25, 2025

Top Analyst Who Accurately Nailed 2018 Bitcoin Bottom Says Dogecoin Ready To Rip Higher – Here Are His Targets

March 24, 2024

Bitcoin And Astrology: Here Are The Possibilities With Mercury In Retrograde

August 8, 2024

Recent Posts

  • UK’s FCA Unveils Roadmap to Support Blockchain-Based Fund Tokenization
  • This niche-y DT Research Windows tablet is fascinating
  • Dogecoin (DOGE) Resilient Above $0.20 – Can Momentum Shift Toward Fresh Upside?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

UK’s FCA Unveils Roadmap to Support Blockchain-Based Fund Tokenization

UK’s FCA Unveils Roadmap to Support Blockchain-Based Fund Tokenization

October 15, 2025
This niche-y DT Research Windows tablet is fascinating

This niche-y DT Research Windows tablet is fascinating

October 15, 2025

© 2025 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • DeFi
  • Legal Hub
  • More
    • Market & Analysis
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2025 Dollar-Bitcoin | All Rights Reserved

Feature

U.S. Regulated
 

Close the CTA

Beginner Friendly
 

Advanced Tools
 

Free Bitcoin Offer
 

Mobile App
 

10$

5$

Varies
 

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version