Ethereum Price Analysis

For the second time in its price history, Ethereum has climbed past $3k and steadily rises. The first time Ethereum surged past $3k was in mid-April when the crypto market, especially Bitcoin and Ethereum, were on a solid bullish pattern. This recent price surge could start the much-predicted price jump that could send Ethereum to $20k very soon. Ethereum Price Analysis Ethereum has been on a continuous market bull run for about three days, with an excellent steady price surge,…

Ethereum is trading at $2,330.60, following a massive rally that has seen its price increase by 28.44% a few days ago. Generally, ETH signaled bullish sentiments, but the bulls must have sufficient momentum to reach the $2390 to test the $2400 mark.  A close above the $2,400 level could set the pace for more gains. The next significant barrier for the bulls could be near the $2,500 level, followed by $2,520. Any more upsides might call for a $2,600 resistance…

The Ethereum (ETH) price rallied to a new all-time high of $2,544.30 following the implementation of the Berlin hard fork that went live on April 15 at block 12,244,000. ETH, the native cryptocurrency of the Ethereum network, has now logged gains of over 220% since the start of 2021. Over the past few months, the ETH price pump has resulted in increased demand for the network, resulting in ridiculous gas fees and sluggish transaction times.  The blockchain is now pretty…

Recent price movements of ETH shows a possibility of further drops. For instance, just yesterday, the coin could not cross the block at $235 and instead plunged by 15%. Just below the $215 support, there was a slight break at the 100 hourly SMA.  There were further price plunges below the $200 mark. Further, ETH's price dropped to set the lowest monthly price at $196 and started experiencing losses.  The $205 barrier was formed on the price, and there will…

Last week, a vast ETH upsurge led to a 20% gain based on the price data from Coin360. ETH’s performance was greater than for Bitcoin, which gained 9% within the period. Nevertheless, ETH’s performance was lower than other altcoins that saw massive parabolic rallies within a few days. BSV close to 250% at the Zenith of the rally this week, ETC secured 100% gains as Zcash more than doubled. Crypto analysts worry about the immediate direction of ETH, despite its…

The ETH/USD price is incredibly moving upwards. The price may rise to above $ 130 and $ 135 to a powerful uptrend. Last week, the price dropped below the support at $ 126. However, the ETH/USD  The 4-hour price chart reveals that the price got close to the support zone at $ 122 and remained under 100 SMA. Eventually, the ETH/USD formed its latest low close to $ 123 before the start of an upside correction. The price continued over…

The price of Ethereum experienced certain remarkable upward momentum today. It follows a long time of trading on the sideways, caused by the decline in its price to lows of $120 in the previous week. This time, the price is consolidating, and it seems to be leading to a move on the upside. In turn, the trend may support the idea that the lows of ETH in recent times will highlight a long-term bottom. Suppose the further momentum keeps holding…

ETH/BTC Weekly 1  ETH/BTC Daily 1  From a higher time perspective, it appeared that ETH/BTC was accumulating between 0.0188 and 0.0222 BTC before breaking the range low. Now, if the price finds support at 0.01778 BTC and consolidates within this range, it would suggest that the accumulation phase has further extended between 0.01778 and 0.0222 BTC. For the last four days, Ether has been falling like a knife. ETH/BTC failed to trend higher – dropping 11% from 0.02 BTC –…

The price of ETH/USD has been struggling for recovery and correction to the upside. In the previous week, the price went under the support levels at $144 and $142. It continued to the downside under the support level at $140 support, thereby forming a fresh low in the month close to $139. Later, it was able to retrace to the upside over the hurdle at $142. Nevertheless, there was a capping of the move to the upside by the hurdles between…