Why would Ethereum’s short-term price action surprise traders?
Positive changes in Ethereum price indicators suggest that the current bullish momentum may continue.
JinseFinancePositive changes in Ethereum price indicators suggest that the current bullish momentum may continue.
JinseFinanceStandard Chartered predicts Ethereum's potential surge to $4,000 by May, fueled by expected spot ETF approval. Caution advised amid market dynamics and regulatory uncertainties.
Huang BoAnalyst thinks Ethereum (ETH) is on the verge of a rally after the second-largest crypto asset flashed a bullish signal on the high time frame chart.
ZoeyEthereum (ETH) exhibits strength, trading above $2,550 and the 100-hourly SMA. A bullish trend line near $2,590 provides support, while resistance lies at $2,640 and $2,680. Breaking $2,680 could lead to further gains towards $2,880. Downside correction may find support at $2,590 and $2,465, with significant support at $2,350. Technical indicators show positive sentiment, but traders should monitor closely for potential opportunities.
Xu LinThis forecast is based on Ether's growing use in blockchain-based smart contracts, gaming, and the tokenization of traditional assets.
AlexThe crypto world is also seeing a move towards decentralised exchanges.
BitcoinworldLower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price.
CointelegraphEther risks falling further below $1,350 in August as the ETH price rally is losing steam.
CointelegraphA key ETH price indicator suggests the altcoin’s downtrend could extend to $400, but analysts are unsure whether the upcoming Ethereum Merge will be a bullish or bearish event.
Cointelegraph