• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Market & Analysis

Ethereum Bulls Set Sights on $2,850: Is a Surge Imminent?

n70products by n70products
October 22, 2024
in Market & Analysis
0
Ethereum Bulls Set Sights on ,850: Is a Surge Imminent?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

Ethereum value is extending beneficial properties above the $2,650 resistance. ETH may proceed to rise towards $2,850 if it clears the $2,750 resistance zone.

  • Ethereum remained in a constructive zone above the $2,580 and $2,620 resistance ranges.
  • The value is buying and selling above $2,650 and the 100-hourly Easy Transferring Common.
  • There’s a key bullish development line forming with help close to $2,680 on the hourly chart of ETH/USD (knowledge feed by way of Kraken).
  • The pair may proceed to maneuver up if it clears the $2,750 and $2,780 resistance ranges.

Ethereum Value Goals For Extra Positive aspects

Ethereum value remained steady above the $2,600 stage like Bitcoin. ETH prolonged beneficial properties above the $2,650 resistance stage to maneuver additional right into a constructive zone.

The value cleared the $2,700 stage and examined $2,765. A excessive was shaped at $2,765 and the worth is now consolidating beneficial properties. There was a minor decline under the $2,740 stage, however the value is steady above the 23.6% Fib retracement stage of the upward transfer from the $2,576 swing low to the $2,765 excessive.

Ethereum value is now buying and selling above $2,650 and the 100-hourly Simple Moving Average. There may be additionally a key bullish development line forming with help close to $2,680 on the hourly chart of ETH/USD. The development line is close to the 50% Fib retracement stage of the upward transfer from the $2,576 swing low to the $2,765 excessive.

On the upside, the worth appears to be going through hurdles close to the $2,750 stage. The primary main resistance is close to the $2,765 stage. A transparent transfer above the $2,765 resistance may ship the worth towards the $2,840 resistance. An upside break above the $2,840 resistance may name for extra beneficial properties within the coming periods.

Ethereum Price
Supply: ETHUSD on TradingView.com

Within the said case, Ether may rise towards the $2,880 resistance zone within the close to time period. The following hurdle sits close to the $2,920 stage or $2,950.

One other Drop In ETH?

If Ethereum fails to clear the $2,750 resistance, it may begin one other decline. Preliminary help on the draw back is close to the $2,720 stage. The primary main help sits close to the $2,680 zone and the development line.

A transparent transfer under the $2,720 help may push the worth towards $2,650. Any extra losses may ship the worth towards the $2,620 help stage within the close to time period. The following key help sits at $2,550.

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 Help Degree – $2,650

Main Resistance Degree – $2,765



Source link

Tags: BullsEthereumImminentSetSightsSurge
Previous Post

London Mainnet Announcement | Ethereum Foundation Blog

Next Post

XRP Network Activity Surges As Price Seeks To Break $0.55 Resistance

Next Post
XRP Network Activity Surges As Price Seeks To Break alt=

XRP Network Activity Surges As Price Seeks To Break $0.55 Resistance

Leave a Reply Cancel reply

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

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops

August 18, 2024
Billionaire Barry Silbert Says This Is the Next Big Investment Theme for Crypto Assets

Billionaire Barry Silbert Says This Is the Next Big Investment Theme for Crypto Assets

April 20, 2025
Here’s Where Ethereum Could Finally Bottom Out Against Bitcoin, According to Crypto Analyst

Here’s Where Ethereum Could Finally Bottom Out Against Bitcoin, According to Crypto Analyst

November 25, 2024

Recents

Ripple Loses Ground To SEC In New Federal Ruling — Here’s The 411

Ripple Loses Ground To SEC In New Federal Ruling — Here’s The 411

June 27, 2025
Could Ripple’s ‘Multiple Acquisitions’ and XRP Ledger Upgrades Trigger XRP’s Breakout above .60?

Could Ripple’s ‘Multiple Acquisitions’ and XRP Ledger Upgrades Trigger XRP’s Breakout above $2.60?

June 27, 2025
Bitcoin Hashrate Sees Largest 1-Day Surge in Months

Bitcoin Hashrate Sees Largest 1-Day Surge in Months

June 27, 2025

CATEGORIES

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

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report Ripple SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card 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