Friday, May 23, 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 Market & Analysis

Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength

n70products by n70products
September 19, 2024
in Market & Analysis
0
Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

Ethereum worth began a contemporary upward transfer above the $2,335 resistance. ETH is now aiming for extra upsides above the $2,420 resistance.

  • Ethereum began one other enhance from the $2,280 resistance.
  • The worth is buying and selling above $2,350 and the 100-hourly Easy Shifting Common.
  • There’s a key bullish pattern line forming with assist at $2,310 on the hourly chart of ETH/USD (information feed through Kraken).
  • The pair should clear the $2,420 resistance to proceed larger within the close to time period.

Ethereum Worth Goals Increased

Ethereum worth shaped a base close to $2,280 and began a contemporary enhance like Bitcoin. ETH was capable of clear the $2,320 and $2,350 resistance ranges.

BTC gained over 5% however ETH struggled to match the energy. It cleared the 76.4% Fib retracement stage of the downward wave from the $2,392 swing excessive to the $2,277 low. It even traded above the $2,392 excessive and is now displaying constructive indicators.

Ethereum worth is now buying and selling above $2,350 and the 100-hourly Simple Moving Average. There’s additionally a key bullish pattern line forming with assist at $2,310 on the hourly chart of ETH/USD.

On the upside, the value appears to be dealing with hurdles close to the $2,420 stage. It’s near the 1.236 Fib extension stage of the downward wave from the $2,392 swing excessive to the $2,277 low. The primary main resistance is close to the $2,450 stage. The subsequent key resistance is close to $2,550.

Ethereum Price
Supply: ETHUSD on TradingView.com

An upside break above the $2,550 resistance may name for extra beneficial properties. Within the acknowledged case, Ether might rise towards the $2,650 resistance zone within the close to time period. The subsequent hurdle sits close to the $2,720 stage or $2,750.

Are Dips Supported In ETH?

If Ethereum fails to clear the $2,420 resistance, it might begin one other decline within the close to time period. Preliminary assist on the draw back is close to $2,365. The primary main assist sits close to the $2,310 zone and the pattern line zone.

A transparent transfer under the $2,310 assist may push the value towards $2,280. Any extra losses may ship the value towards the $2,220 assist stage within the close to time period. The subsequent key assist sits at $2,150.

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 Assist Stage – $2,310

Main Resistance Stage – $2,420



Source link

Tags: BitcoinBullishEthereumGainsMomentumStrengthTrails
Previous Post

Ethereum heading for a bear market? Latest order book trends reveal clues

Next Post

Descending Broadening Wedge Says Bitcoin Is Going To $90,000

Next Post
Descending Broadening Wedge Says Bitcoin Is Going To $90,000

Descending Broadening Wedge Says Bitcoin Is Going To $90,000

Leave a Reply Cancel reply

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

Premium Content

Announcing The Road To Devcon Grants

Announcing The Road To Devcon Grants

January 7, 2024
Bitcoin Could Surge to $500,000 if US Adopts BTC As Reserve Asset, Says Billionaire Mike Novogratz – Here’s Why

Bitcoin Could Surge to $500,000 if US Adopts BTC As Reserve Asset, Says Billionaire Mike Novogratz – Here’s Why

November 15, 2024
‘Operation Kraken’ in Australia Seizes Over $6,400,000 in Crypto From Global Organized Crime, Say Authorities

‘Operation Kraken’ in Australia Seizes Over $6,400,000 in Crypto From Global Organized Crime, Say Authorities

October 4, 2024
Ripple – XRP Spot ETFs might be ‘only a matter of time’

Ripple – XRP Spot ETFs might be ‘only a matter of time’

May 21, 2025
XRP Sees Renewed Trader Activity as Market Absorbs Selling Pressure

XRP Sees Renewed Trader Activity as Market Absorbs Selling Pressure

May 14, 2025
Bernstein Analysts Says Bitcoin Will Reach A New ATH By Year End, Here’s The Target

Bernstein Analysts Says Bitcoin Will Reach A New ATH By Year End, Here’s The Target

March 23, 2024

Recent Posts

  • XRP Price Consolidates Before Liftoff — Is a Breakout on the Horizon?
  • Ethereum’s March To $3,000 Depends On Holding Above This Key Resistance Level
  • Dogecoin Breaks Out Of Bull Pennant—What’s The Target?

Categories

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

Recommended

XRP Price Pulls Back but Holds Support — Bulls Still in the Game

XRP Price Consolidates Before Liftoff — Is a Breakout on the Horizon?

May 23, 2025
Ethereum’s March To $3,000 Depends On Holding Above This Key Resistance Level

Ethereum’s March To $3,000 Depends On Holding Above This Key Resistance Level

May 23, 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