bitcoin
Bitcoin (BTC) $ 63,940.13
ethereum
Ethereum (ETH) $ 3,033.61
tether
Tether (USDT) $ 0.999423
bnb
BNB (BNB) $ 553.74
xrp
XRP (XRP) $ 0.489718
cardano
Cardano (ADA) $ 0.46615
usd-coin
USDC (USDC) $ 0.998121
matic-network
Polygon (MATIC) $ 0.68947
binance-usd
BUSD (BUSD) $ 0.998098
dogecoin
Dogecoin (DOGE) $ 0.155586
okb
OKB (OKB) $ 52.61
polkadot
Polkadot (DOT) $ 6.71
shiba-inu
Shiba Inu (SHIB) $ 0.000022
tron
TRON (TRX) $ 0.111268
uniswap
Uniswap (UNI) $ 7.17
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 64,173.19
dai
Dai (DAI) $ 0.99892
litecoin
Litecoin (LTC) $ 79.01
staked-ether
Lido Staked Ether (STETH) $ 3,025.81
solana
Solana (SOL) $ 141.48
avalanche-2
Avalanche (AVAX) $ 36.51
chainlink
Chainlink (LINK) $ 13.75
cosmos
Cosmos Hub (ATOM) $ 8.40
the-open-network
Toncoin (TON) $ 6.44
ethereum-classic
Ethereum Classic (ETC) $ 26.03
leo-token
LEO Token (LEO) $ 5.84
filecoin
Filecoin (FIL) $ 5.96
bitcoin-cash
Bitcoin Cash (BCH) $ 491.54
monero
Monero (XMR) $ 119.85
Sunday, April 14, 2024
bitcoin
Bitcoin (BTC) $ 63,940.13
ethereum
Ethereum (ETH) $ 3,033.61
tether
Tether (USDT) $ 0.999423
bnb
BNB (BNB) $ 553.74
usd-coin
USDC (USDC) $ 0.998121
xrp
XRP (XRP) $ 0.489718
binance-usd
BUSD (BUSD) $ 0.998098
dogecoin
Dogecoin (DOGE) $ 0.155586
cardano
Cardano (ADA) $ 0.46615
solana
Solana (SOL) $ 141.48
matic-network
Polygon (MATIC) $ 0.68947
polkadot
Polkadot (DOT) $ 6.71
tron
TRON (TRX) $ 0.111268
HomeCryptoEthereumEthereum Worth Climbs Towards $3,200 And Bulls Are Simply Getting Began

Ethereum Worth Climbs Towards $3,200 And Bulls Are Simply Getting Began

Ethereum worth is outperforming Bitcoin with a transfer above $3,000. ETH is exhibiting bullish indicators and would possibly quickly climb above the $3,200 resistance.

  • Ethereum began a recent improve above the $3,000 resistance zone.
  • The worth is buying and selling above $3,050 and the 100-hourly Easy Transferring Common.
  • There’s a key bullish development line forming with help at $3,080 on the hourly chart of ETH/USD (knowledge feed through Kraken).
  • The pair may prolong its improve towards $3,200 and even $3,250 within the close to time period.

Ethereum Worth Outperforms Bitcoin

Ethereum worth remained secure above the $2,880 help zone. ETH shaped a base and began a recent improve above the $3,000 resistance. It gained practically 5% and outperformed Bitcoin.

A brand new multi-week excessive is shaped close to $3,121 and the value is now consolidating positive factors. It’s buying and selling above the 23.6% Fib retracement degree of the upward wave from the $2,907 swing low to the $3,121 excessive. There may be additionally a key bullish development line forming with help at $3,080 on the hourly chart of ETH/USD.

Ethereum is now buying and selling above $3,085 and the 100-hourly Easy Transferring Common. Instant resistance on the upside is close to the $3,120 degree. The primary main resistance is close to the $3,150 degree.

Supply: ETHUSD on TradingView.com

The following main resistance is close to $3,200, above which the value would possibly achieve bullish momentum. If there’s a transfer above the $3,200 resistance, Ether may even rally towards the $3,280 resistance. Any extra positive factors would possibly name for a take a look at of $3,320.

Are Dips Supported In ETH?

If Ethereum fails to clear the $3,120 resistance, it may begin a draw back correction. Preliminary help on the draw back is close to the $3,080 degree and the development line.

The primary main help is close to the $3,000 zone. It’s near the 50% Fib retracement degree of the upward wave from the $2,907 swing low to the $3,121 excessive, under which Ether would possibly take a look at the 100-hourly Easy Transferring Common. The following key help might be the $2,960 zone. A transparent transfer under the $2,960 help would possibly ship the value towards $2,920. Any extra losses would possibly ship the value towards the $2,860 degree.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is shedding momentum within the bullish zone.

Hourly RSIThe RSI for ETH/USD is now above the 50 degree.

Main Assist Degree – $3,000

Main Resistance Degree – $3,120

Disclaimer: The article is supplied for instructional functions solely. It doesn’t symbolize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You’re suggested to conduct your individual analysis earlier than making any funding choices. Use data supplied on this web site fully at your individual danger.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular