Ethereum price started a recovery wave above $2,050. ETH is now consolidating and eyeing an upside break above the $2,150 resistance. Ethereum managed to stay above $1,950 and recovered some losses. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance…
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Ethereum Price Set To Break Out Against Bitcoin, But How High Can It Go?
The cryptocurrency industry went under intense pressure last week, with Bitcoin and Ethereum leading the crash and multiple cryptocurrencies hitting new multi-month lows. The crash was more pronounced with Bitcoin, though, and the imbalance in selling pressure is quietly shifting the relationship between the two assets. The interesting imbalance is relayed in Ethereum’s performance relative…
Ethereum Recovery Could Face Hurdles – Can Bulls Overcome Resistance?
Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Crypto Founder Predicts Ethereum Price To Touch $20,000 As Fed’s Powell Turns Dovish
The Ethereum price outlook is heating up as market optimism collides with shifting monetary policy signals. BitMEX co-founder Arthur Hayes has projected that Ethereum could surge to $20,000, citing strengthening market dynamics and favorable macro conditions. The bold forecast comes just as Federal Reserve Chair Jerome Powell adopts a more dovish tone, indicating a possibility…