• 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 Price Powers Ahead with a 10% Surge: More to Come?

n70products by n70products
November 28, 2024
in Market & Analysis
0
Ethereum Price Powers Ahead with a 10% Surge: More to Come?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter



Este artículo también está disponible en español.

Ethereum worth remained supported above the $3,250 zone. ETH began a recent surge and cleared the $3,550 resistance zone.

  • Ethereum began a recent improve from the $3,250 help zone.
  • The value is buying and selling above $3,500 and the 100-hourly Easy Transferring Common.
  • There was a break above a connecting bearish development line with resistance at $3,375 on the hourly chart of ETH/USD (information feed through Kraken).
  • The pair is up almost 10% and now consolidates features close to the $3,650 zone.

Ethereum Value Begins Contemporary Surge

Ethereum worth remained supported above $3,250 and began a recent improve bearing Bitcoin. ETH was capable of surpass the $3,350 and $3,400 resistance ranges.

There was a break above a connecting bearish development line with resistance at $3,375 on the hourly chart of ETH/USD. The bulls pumped the value above the $3,500 and $3,550 resistance ranges. It gained almost 10% and traded as excessive as $3,688.

The value is now correcting features under the $3,650 stage. Ethereum worth is now buying and selling above $3,550 and the 100-hourly Simple Moving Average. It’s also above the 23.6% Fib retracement stage of the upward transfer from the $3,254 swing low to the $3,688 excessive.

On the upside, the value appears to be going through hurdles close to the $3,650 stage. The primary main resistance is close to the $3,685 stage. The primary resistance is now forming close to $3,720.

Ethereum Price
Supply: ETHUSD on TradingView.com

A transparent transfer above the $3,720 resistance would possibly ship the value towards the $3,840 resistance. An upside break above the $3,840 resistance would possibly name for extra features within the coming classes. Within the acknowledged case, Ether may rise towards the $3,950 resistance zone and even $4,000.

Downsides Supported In ETH?

If Ethereum fails to clear the $3,685 resistance, it may begin one other decline. Preliminary help on the draw back is close to the $3,585 stage. The primary main help sits close to the $3,550 zone.

A transparent transfer under the $3,550 help would possibly push the value towards the 50% Fib retracement stage of the upward transfer from the $3,254 swing low to the $3,688 excessive at $3,470. Any extra losses would possibly ship the value towards the $3,350 help stage within the close to time period. The subsequent key help sits at $3,250.

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 Assist Degree – $3,485

Main Resistance Degree – $3,685



Source link

Tags: aheadEthereumPowersPriceSurge
Previous Post

Introducing the new ethereum.org developer portal

Next Post

Trump Administration Looking To Put CFTC in Charge of Digital Asset Regulation: Report

Next Post
Trump Administration Looking To Put CFTC in Charge of Digital Asset Regulation: Report

Trump Administration Looking To Put CFTC in Charge of Digital Asset Regulation: Report

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

Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

May 29, 2025
Bitcoin Price Is Wedged Between 2 Crucial Levels — Time To Buy Or Sell?

Bitcoin Price Is Wedged Between 2 Crucial Levels — Time To Buy Or Sell?

February 20, 2025
OKX in the clear? Exchange denies ‘laundering’ stolen ETH from Bybit hack

OKX in the clear? Exchange denies ‘laundering’ stolen ETH from Bybit hack

March 12, 2025

Recents

US Authorities Charge Six Individuals in Connection to Alleged $66,000,000 Food Stamp Fraud Scheme

US Authorities Charge Six Individuals in Connection to Alleged $66,000,000 Food Stamp Fraud Scheme

June 1, 2025
XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level

XRP Set For Price Relief, But Only If Bulls Defend Key $2.13 Price Level

June 1, 2025
Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally

Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally

May 31, 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 hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report 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