Monday, June 30, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • 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 Ethereum

Ethereum Just “One Leg Away” From Reclaiming All-Time High, Market Expert Claims

n70products by n70products
December 10, 2024
in Ethereum
0
Ethereum Just “One Leg Away” From Reclaiming All-Time High, Market Expert Claims
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Ethereum is portraying its place as a frontrunner within the crypto market after its current upward spike to the $4,000 mark, a stage not seen for about three years. As ETH challenges resistance factors, this notable rally towards the pivotal stage has sparked sturdy confidence about its future efficiency.

Can Ethereum Attain Its Present Peak?

The current value motion of Ethereum exhibits that the crypto asset may very well be on the verge of reclaiming its all-time excessive, achieved in the course of the exceptional 2021 bull cycle. With ETH hitting the $4,000 mark once more, Daan Crypto Trades, a market professional and dealer, contends that the altcoin is only one leg away from a big breakthrough.

Though Ethereum’s rally to its present all-time excessive is taking longer than anticipated, the professional is assured that ETH will get to the extent within the close to time period, probably in 2025. Nevertheless, the ETH/BTC pair is regaining some floor, which has elevated altcoin’s general power available in the market.

Moreover, Daan Crypto Trades factors out that Ethereum may be able to surpass its earlier peak if it continues to push over essential resistance ranges, permitting the altcoin to maneuver into a brand new stage of value discovery. “Value discovery for ETH typically makes for a really thrilling market as a complete,” he acknowledged.

With strong on-chain metrics and a resurgence of curiosity within the broader cryptocurrency panorama triggering optimism, ETH may witness a wave of latest buyers, prompting a possible upside movement within the upcoming weeks.

Ethereum
ETH gearing up for a rally to its all-time excessive | Supply: Daan Crypto Trades on X

ETH’s path to a brand new all-time can also be highlighted by Titan of Crypto, a technical analyst, and buyers in a current evaluation. This prediction relies on a rising constructive pattern cited on the Ethereum Rainbow chart, a technical instrument that assists merchants in visualizing the long-term value pattern of a crypto asset.

Within the Rainbow chart, ETH is presently positioned within the yellow zone, which is between the $3,070 and $4,429 value ranges. Nevertheless, ought to the altcoin transfer into the orange zone of the Rainbow chart in a conservative state of affairs, Titan of Crypto believes ETH may peak between $6,400 and $9,000.

Moreover, the professional highlighted that the upside progress could prolong, pushing Ethereum into the crimson past the $9,300 threshold, demonstrating his confidence in ETH’s long-term prospects.

ETH’s Value Turns Bearish

Ethereum has displayed notable resilience within the ongoing bull market. Nonetheless, after per week of upside motion, the crypto asset has taken a success as its value has turned bearish, heading towards $3,800 as soon as extra.

This sudden drop is because of a robust resistance on the $4,000 threshold, a stage believed may function a precursor for more price growth. Regardless of the decline, buyers’ confidence in ETH continues to remain sturdy, mirrored by an over 33% improve in buying and selling quantity up to now day.

Ethereum
ETH buying and selling at $3,866 on the 1D chart | Supply: ETHUSDT on Tradingview.com

Featured picture from Unsplash, chart from Tradingview.com



Source link

Tags: allTimeclaimsEthereumExpertHighLegMarketReclaiming
Previous Post

$567,390,000 in Liquidations Hits Crypto Markets As Analyst Warns of ‘Trouble Area’ for Altcoins

Next Post

Can Bulls Rally at The Support Line?

Next Post
Can Bulls Rally at The Support Line?

Can Bulls Rally at The Support Line?

Leave a Reply Cancel reply

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

Premium Content

FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show

FTX loses $53K every hour on ‘bankruptcy fees,’ latest filings show

December 18, 2023
Analyst Reveals Why BTC Will Hit Its Top A Month From Now Below $150,000

Analyst Reveals Why BTC Will Hit Its Top A Month From Now Below $150,000

December 13, 2024
Brian Armstrong Calls Memecoins ‘Canary in the Coal Mine,’ Predicts Tokenization of Identity, Songs, Votes and More

Brian Armstrong Calls Memecoins ‘Canary in the Coal Mine,’ Predicts Tokenization of Identity, Songs, Votes and More

February 24, 2025
DeFi Lending Altcoin Explodes After Binance Announces Surprise Trading Support

DeFi Lending Altcoin Explodes After Binance Announces Surprise Trading Support

May 6, 2025
Here Are The Most Bullish Predictions For ETH Price As Ethereum Dominance Rises Against Bitcoin

Here Are The Most Bullish Predictions For ETH Price As Ethereum Dominance Rises Against Bitcoin

January 19, 2024
Results from the Academic Grants Round 2022

Results from the Academic Grants Round 2022

December 11, 2024

Recent Posts

  • Crypto Adoption Grows in Bhutan Despite Internet Hurdles
  • XRP Price Springs Higher — Rally Reignited with Bullish Momentum
  • Ethereum Historical Pattern Hints At Potential $10,000 Surge

Categories

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

Recommended

Crypto Adoption Grows in Bhutan Despite Internet Hurdles

Crypto Adoption Grows in Bhutan Despite Internet Hurdles

June 30, 2025
XRP Price Holds Strong: Uptrend Shows No Signs of Slowing

XRP Price Springs Higher — Rally Reignited with Bullish Momentum

June 30, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

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

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version