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Ethereumusd

ETH Needs This Crucial Level Ahead Of Approach To $4,000 Ethereum is doddering at $3,100 after failing to break the resistance at $3,200. The MACD may call more buyers into the market if Ether confirms a break above $3,200, a move that could bolster ETH toward $4,000. Ethereum moved with its peers on Thursday and managed to reclaim the ground above $3,000. As reported earlier this week, the prominent smart contracts token had plunged to $2,650 amid a highly volatile cryptocurrency market. Ether also extended the bullish leg above $3,100 but stopped before brushing shoulders with $3,200. Bitcoin has also been lethargic in its recovery after testing support at $40,000 this week. The largest cryptocurrency closed the gap to $44,000 but is yet to confirm a breakout above $45,000. Ethereum Must Close Above $3,200 To Validate Upswing To $4,000 The resistance at $3,200 has been a daunting task for the bulls, resulting in a correction toward $3,000. Meanwhile, Ether is teetering at $3,100 at writing as bulls fight to shake off the engulfing selling pressure. Bulls must confirm a break above $3,200 to add credibility to the optimistic narrative eyeing $4,000. Realize that the 50-day Simple Moving Average (SMA) could make it difficult for buyers to achieve their goals quickly. Moreover, the supply zone in red will also hinder ETH from breaking through and lead to another round of losses. The daily chart reveals that the Moving Average Convergence Divergence (MACD) has wallowed in bearish signals since September 7. This technical index afforms the general lethargic picture as it stays in the negative region under the mean line. Traders should lookout for a buy signal in the coming session or days to ascertain the validity of the uptrend. All the sake, trading above $3,200 would hasten the occurrence of the bullish call. On the downside, overhead pressure will soar if Ethereum losses support at $3,000. Investors are likely to sell in masses amid panic that the demand in green could give in to the pressure this time around. It is worth mentioning that the 100-day SMA has cemented the buyer congestion zone while the 200-day SMA currently holds at $2,612. Ethereum Intraday Levels Spot rate: 3,098 Trend: Bearish bias Volatility: Low Support: $3,000 and $2,650 Resistance: $3,200 and $3,600
COINBASE:ETHUSDLong
by CoinGape
Buy Lottery Ticket. History will repeat itself. ETC +1000$Nobody was looking at bitcoin yesterday bitcoin was $300 today price is $44000 Ethereum was $90 yesterday, $3000 today Want an example, look at the past. The rule of this business is mining. A coin has either value. or not It's all about 0 and 1. How much will bitcoin rise if Crypto becomes legal? How much will Ethereum rise? What about Ethereum Classic, whose mining will rise to the heights? We are in a time when no one is looking at your face. So we are in the most precious times. The more pieces you have, the bigger the lottery will be. There is no stock or money falling forever. Or it shuts down. If it doesn't close, it always has a value. I don't know how much news you watch. How gold are the Y and Z and even X generations? Or are they interested in crypto? Are all survey companies lying? Can states ban crypto? Why is my claim The countries that ban crypto the earliest will be the ones that buy the most crypto. Nobody can see the Future. We interpret the market. According to Artificial Intelligence, there will be a Bear season in 2022. So there is a crisis expectation. Unemployment will peak, especially in developing countries. Unemployment will explode in all stock markets. You follow the quarterbacks. you are one step ahead.
Long
by TraderEtc
3
Ethereum New ATH!??Ethereum has been holding up very well during this pullback with us still able to hang onto some key levels, including this ascending channel, we are currently sitting on the bottom of the channel holding on strong and i think the market is starting to rebound, if you take a look at my last TA talking about the BTC hidden bullish divergence the same thing actually applies to Ethereum currently, ill let yall check that out for yourselves, refer back to my BTC TA and throw on the Stoch RSI on Ethereum and see if you can find it. Other than the divergence the market i think is ready for another leg up since we just saw a significant healthy pullback. Some key levels we are looking at here are the 0.2 FIB which we need to break soon, the R1 resistance slightly above the 0.2 FIB and the midline coming from the bollinger bands which is currently acting as resistance, if we can get above atleast the 0.2 and the BB midline we are going to be looking super bullish and the good thing is they aren't far away at all so our indicators like the MACD and RSI will barely be affected by a move like this. On the RSI we slightly took a dip below the midline but barely really an we are now seeing some upwards direction here with us just right underneath this midline, i think we aren't going to have any problems getting above here with ease and we can continue our confirmed uptrend! Also gotta keep an eye on ETH's Domiance in the market, we have had significant upside in the dominance and that definitely correlates with the big upswings in price action, we are likely going to see another big pump in price action and dominance level we are seeing respect on this uptrend support line and i think even if we fall a little bit more we are likely going to get a nice bounce which afterwards i would expect us to have a solid move to the upside! And remember ETH's dominance is a big deal with the Altcoins the higher ETHs dominance goes the more altcoins will follow ethereum rather than BTC! Not financial advice just my opinion!
BITSTAMP:ETHUSDLong
by JacobR905
Ethereum is holding his trendline.. for now!Good Morning friends :) Today we take a look at ETHUSD. The current formation is verry critical. Bitcoin is in a verry dangerous position too right now and if we lose our trendlines, we could see some nasty dumbs in the market. I safe my profit for now, until we build a higher high. Fundamentally Ethereum is verry strong right now. the whole NFT thing is all around the internet right now. But if everybody is making money with something the bubble is about to pop. Remember the time BTC hits new ath and everybody is fomo in it. From time to time, the rich people take profit and buy low again. Always have the liquidty to do so. Have a nice day :) See you in the next one
COINBASE:ETHUSDShort
by wallet_trading