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Tag Archives: ethusd

Ethereum Price Analysis: Is $3.7K Realistic for ETH or is a Correction to $3K Coming?

Following a revival in buying interest and demand, Ethereum’s price has surged, reclaiming the 100 and 200-day moving averages. This price action suggests a shift towards a potential rally, with buyers targeting a new yearly high in the mid-term. By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a notable increase in buying pressure near the substantial $3K support region, the cryptocurrency initiated a bullish spike, surpassing the...

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Ethereum Price Analysis: ETH Eyes $3.5K as ETF Launch Anticipation Grows

Ethereum has recently seen an uptick in demand near a crucial support level, leading to a notable rebound above the 200-day moving average at $3,134 and reaching the 100-day MA. This price action highlights the potential for a bullish reversal if the price recovers above the 100-day MA of $3,342. By Shayan The Daily Chart A detailed analysis of Ethereum’s daily chart reveals that after a prolonged bearish trend, the cryptocurrency briefly broke below the 200-day moving...

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Can XRP Flip ETH in the Event of a Ripple Victory Against the SEC (ChatGPT Speculates)

TL;DR Ripple’s XRP fell to around $0.44 after previously surpassing $0.70, with hopes for a price revival tied to the outcome of the SEC lawsuit. ChatGPT predicts that while a legal win for Ripple against the SEC could boost XRP, the asset would need additional boost to surpass ETH. Is It Possible? Ripple’s XRP experienced a significant price resurgence in mid-March, surpassing the $0.70 mark. Since then, though, it has been on a massive downfall, recently tumbling below the...

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Ethereum Price Analysis: Is ETH on the Verge of a Deeper Correction Toward $2.7K?

Ethereum’s price has been dropping recently, following a second rejection from the $4,000 resistance level, and it has yet to recover. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been making lower highs and lows since failing to break the $4,000 level to the upside a while ago. The market has also broken below the 200-day moving average, around the $3,100 mark. The price is currently retesting the 200-day moving average but is seemingly...

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Ethereum (ETH) Gearing up for a New ATH After the Market Crash (Analysts)

TL;DR Ethereum briefly fell below $3,000 but has since recovered, with bullish predictions targeting prices up to $8,000. Optimism is partly driven by the potential launch of spot ETH ETFs in the US, expected by some industry participants as early as mid-July. The Next Target The cryptocurrency market decline witnessed at the end of last week and the start of the new one has negatively affected Ethereum’s (ETH) price, which briefly tumbled below the $3,000 mark. In the past...

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Ethereum Price Analysis: ETH Holds at $3K but is Another Crash Imminent?

Ethereum has recently experienced increased selling activity, breaching the 100-day moving average and leading to a substantial decline toward the 200-day MA. Nevertheless, the price faces a significant support region, possibly leading to a temporary period of consolidation correction in the mid-term. By Shayan The Daily Chart A close examination of the daily chart reveals that after an extended period of corrective retracements near the crucial 100-day moving average at...

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Incoming Binance Update Affecting Bitcoin (BTC) and Ethereum (ETH) Traders: Details

TL;DR Binance will terminate trading for six pairs, including BTC/AEUR and ETH/AEUR, effective July 5, possibly due to poor liquidity or other factors. Despite delisting some pairs, the company has added new ones like WIF/BRL and ZK/USDC, though these are not available to users in certain restricted regions. Binance’s Latest Move The world’s largest cryptocurrency exchange – Binance – will terminate trading services for the following six pairs: BTC/AEUR, ETH/AEUR,AI/TUSD,...

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