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Tag Archives: ethusd

Bitcoin Bulls Regroup as Ethereum and Binance Coin Take the Center Stage: This Week’s Crypto Recap

This week saw quite a bit of action, which ultimately failed to result in any substantial gains or losses in the total cryptocurrency market capitalization. The figure stands at $2.057 trillion, according to CoinGecko – up ever so slightly compared to this day last week. Bitcoin’s price charted a decline of 2.8% in the past seven days, as the bulls were unable to remain above the important technical level at $52K. And it wasn’t for the lack of trying. In fact, BTC was trading...

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Ethereum Explodes Toward $3K: Two Things to Watch This Week (ETH Price Analysis)

Ethereum has recently surged with notable momentum, signaling a bullish uptrend. This increase has seen the price reclaim a critical resistance level, reflecting strong buyer confidence and market participant optimism. By Shayan The Daily Chart A thorough analysis of Ethereum’s daily chart reveals a significant shift in market sentiment, characterized by an impulsive uptrend and heightened bullish momentum. Accordingly, the price has approached a crucial multi-year...

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Crypto Market Cap Surges to $2 Trillion, Bitcoin Taps $52K as ETH Trades at $2.8K: This Week’s Recap

The past seven days in the cryptocurrency market have been absolutely blasting. The total capitalization soared above $2 trillion for the first time in a long while, as the entirety of the market charts considerable gains. Bitcoin seems to be ahead of the pack for the most part, charting an increase of more than 10% in the last week. At the time of this writing, the price hovers right around $52K, but it went above it on numerous occasions in the past 24 hours. The massive...

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ETH Soars 12% Weekly as Bulls Start Looking at $3K (Ethereum Price Analysis)

Ethereum’s price has been rallying aggressively over the past few days. Yet, the market is approaching a strong resistance level that could determine the mid-term fate of ETH. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been rallying since a rebound from the $2,200 zone. The $2,400 resistance level has also been broken with ease. Currently, ETH is climbing toward the $2,700 resistance level and the higher boundary of the large ascending...

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Top 5 Altcoins to Watch in 2024: Which Cryptocurrency Will Perform Best in the Next Bull Run?

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...

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Crypto Price Analysis Feb-9: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum ended the week on a high note with a 9% price increase, making it one of the best performers on our list. In the process, ETH broke the resistance at $2,441 and turned it into support. The current target of this rally is $2,506, which is the next key level on the chart. If the second-largest cryptocurrency breaks that level as well, then it has a clear path...

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Ethereum Pushes for $2.5K as The Bulls Come Back in Town (ETH Price Analysis)

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, signaling a shift in market sentiment from bearish to bullish. ETH has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move. By Shayan The Daily Chart A comprehensive examination of Ethereum’s daily chart unveils a shift in market sentiment, with the significant 100-day moving average at $2225 providing robust...

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Crypto Price Analysis Feb-2: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. The price action looks promising, and buyers are returning to the market. This optimism is also reflected in the daily MACD, which is making higher lows on the histogram. Looking ahead, ETH is working its way back up and could soon...

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Alarming Similarities With Previous ETH Patterns Emerge: Will $2.3K Hold? (Ethereum Price Analysis)

Ethereum’s price has been rapidly declining recently following a rejection from the $2,750 resistance level. While a further drop is probable in the short term, the overall bullish trend might not be over. Technical Analysis By TradingRage The Daily Chart On the daily chart, the Ethereum price has been oscillating inside a large ascending channel. The higher boundary of the pattern, paired with the $2,750 resistance level, has rejected the price to the downside. The market...

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Ethereum Pushes Above $2.3K as Bulls Make a Stand, What’s Next? (ETH Price Analysis)

Ethereum’s price has been dropping over the last couple of weeks following a decisive rejection from a significant resistance level. Yet, there are several support levels nearby. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been forming a large ascending channel over the last year. It has recently tested the higher boundary of the channel, which coincided with the $2,750 resistance level and failed to break above. The resulting rejection...

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