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Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than […]Powered by WPeMatico
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Ethereum price continued on rising today to score a day high of $830 earlier today. The price of ether has been recording higher day highs for four successive days now. Moreover, the closing day price has been rising since last Wednesday. The bulls’ control over the market is growing stronger as the price of ether is heading steadily towards a significant resistance level near $850. The rise in ethereum price is mirroring bitcoin’s soaring price which is approaching the $10,000 price mark. Can we see the resistance around $849.08 breached before the end of the current week? 4 successivePowered by WPeMatico
Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $770 during Thursday’s trading sessions so far. The market’s bulls managed to break through the resistance around $713.24 on Wednesday, as we expected during our previous Ethereum price analysis. Chances are high that we can see the price of ether continue rising, especially that the next significant resistance lies around $849.08, as we will see later during our analysis. However, can we expect a downwards price correction attempt to occur, before the market’s bulls canPowered by WPeMatico
Ethereum price has been rising steadily during the past few days along the upwards trend line that has been evident since April 7th. $700 was repeatedly the day high on Saturday and Sunday. Repeated cycles of upwards price bursts followed by brief downwards price correction attempts have been evident on the 4 hour ETHUSD charts, since last Friday. However, the upwards trend line has been acting as a rising support level during the past few days. The market seems to be moving towards testing the resistance around $713.24 during the first few days of the upcoming week. So, can wePowered by WPeMatico
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Ethereum price continued rising throughout the past 48 hours exceeding $630 at the time of writing of this analysis. On Monday’s trading sessions, the price of ether rose from a day low of around $600 to a day high of $650, which denotes that the market has been moving by recording higher highs throughout most of the 4 hour trading sessions. The market is still moving according to the uptrend line that has been evident across the 1 day charts since April 7th. Will ethereum price continue on rising during the next 24-48 hours? Ethereum almost oversold on the 1Powered by WPeMatico
Ethereum price continued rising throughout Friday’s trading sessions to score a high of $618. After the day’s high was recorded, a downwards price correction attempt pulled Ethereum price down to a day low $576. The market is still moving along the upwards trend line that has been evident since April 10th on the 4 hour ETHUSD chart. Since the 76.4% Fibonacci retracement ($545.17) has been successfully breached, the next strong resistance level lies around $713.24, which corresponds to the 61.8% Fibonacci retracement. Will the market’s bulls still have the upper hand over the market during the next 24 hours? WilliamsPowered by WPeMatico
Ethereum price soared during Wednesday’s trading sessions to record a day high of $527.05. The bullish wave continued controlling Ethereum’s market during Thursday’s trading sessions to breach the resistance around $545.17 (76.4% Fibonacci retracement) as we predicted during yesterday’s analysis. Ethereum price continued rising along the new uptrend line, which has been evident since April 10th, reaching $559 at the time of writing of this analysis. Will ethereum price continue rising during the next 24 hours? “Three white soldiers” apparent on the 4 hour ETHUSD chart: Let’s examine the 4 hour ETHUSD chart from Bitfinex, while plotting the 20 period,Powered by WPeMatico
Ethereum price has been recovering during the past couple of weeks after a bullish wave that had been controlling the market since the latter half of February. However, the market has been moving sideways during most of Tuesday’s trading sessions. A day high of $523.80 was recorded on Tuesday, before dropping down to a day low of $501.50. Earlier today (Wednesday), Ethereum price began to rise again along the upwards trend line that has been apparent on the ETHUSD charts since April 10th, as we will see later. The ETHUSD is about to test an important resistance level around $545.17Powered by WPeMatico