Ethereum

MAJOR cryptocurrencies including Ethereum have been on the rise lately – but you might be wondering what’s so special about it. In the past 24 hours, the price of Ethereum has climbed by 2% to $3,814.73, according to Coinbase. 1 The cryptocurrency has jumped by nearly 1000% in the past year And in the past week, Ethereum has gained 8%. If you’re considering buying one of the major cryptocurrencies, we explain five things you need to know.   As always with any cryptocurrency,… Source link

Two weeks ago, see here, when Ethereum (ETH) was trading at $3580s, I anticipated using the Elliott Wave Principle (EWP) that “as long as ETH can stay above … $3173 over the next few days, it should ideally top out around $4000 +/- 200. Then (red) intermediate wave-ii should take hold for several days before the heart of the third wave kicks in: (red) wave-iii. The wave-ii will essentially be the last good time to “load up the boat,” “back up the truck,” etc., as buyers will step… Source link

Ethereum’s native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200–$6,500 price range. ETH price eyes $4K resistance breakout The first decisive break above the psychological $4,000-mark, which serves as a resistance trendline to a five-month-old ascending triangle and a cup and handle pattern, could trigger a textbook price rally in the… Source link

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The cryptocurrency markets are rallying ahead of the first Bitcoin futures ETF, which is set to begin trading on Tuesday. Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy. The stock… Source link

Ethereum is currently retesting September’s daily highs with the momentum pointing towards a new ATH.  Fundstrat Global Advisors indicated that the second-largest digital asset by market capitalization, Ethereum, could soon set a new record of $4,900. According to the company’s technical analytics, the rising market share of Ethereum is a major factor in its future growth prospects. “Ethereum looks to be starting to gain on bitcoin after a near one-month period of underperformance… Source link

Bitcoin Bitcoin, BTC to USD, rose by 12.48% in the week ending 17th October. Following a 13.37% rally from the week prior, Bitcoin ended the week at $61,504.0. A mixed start to the week saw Bitcoin fall to a Tuesday intraweek low $53,837.5 before making a move. Steering well clear of the 23.6% FIB of $50,473 and the first major support level at $48,909, Bitcoin rallied to a Saturday intraweek high $62,900.0. Bitcoin broke through the first major resistance level at $58,462 and the second major… Source link

Macro guru Raoul Pal says three price prediction charts for Bitcoin, Ethereum and Solana are working like “pure magic.” In a new Crypto Banter podcast, the co-founder and chief executive officer of Real Vision compares Bitcoin’s current market cycle to that of 2012-13, suggesting a price target of over $250,000 for the end of this bull run.   “I’ve been using this for over a year, and it’s been pure magic…It gives us a pretty clear target, and it’s been magic. It… Source link

Key Support level: $3,600 Key Resistance level: $3,900 Over the weekend, the second-largest cryptocurrency has consolidated just under the current resistance range of $3,900. However, similarly to Bitcoin, before ETH attempts to break its current all-time high at $4,380, it could retest the key support level as shown in the following ETH/USD chart. In case of a retest to confirm the $3600 level as support, ETH’s price might surpass $4,000 before the end of the month…. Source link

The arrival of a bitcoin futures ETF has investors wondering which cryptocurrency could be next in line. Ethereum, the second-biggest cryptocurrency, is the most likely candidate, according to speculation on social media. A couple of cryptocurrency market leaders are convinced that it is only a matter of time before an Ethereum ETF emerges. Crypto investor Lark Davis, who is behind the Wealth Mastery newsletter, is bullish on the prospects for an Ethereum ETF. He noted how the Ethereum price… Source link

Ethereum price shakes off multiple bearish divergence warnings. An incoming explosive move will likely rally the entirety of the altcoin market – even the laggards. Little resistance ahead to stop Ethereum price from breaking the current all-time high. Ethereum price has finally displayed some clear and bullish strength. The past couple of weeks have been indecisive and almost warned of an impending bull trap – but sellers ultimately were unable or unwilling to… Source link