💡Don't miss the great buy opportunity in ETHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.034900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ethereum / Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.0390
TP2= @ 0.0405
TP3= @ 0.0430
TP4= @ 0.0460
TP5= @ 0.0500
TP6= @ 0.0540
SL= Break below S2
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Search in ideas for "Ethereum"
ETH Price Primed for 6x Surge! Analyst Hints $2 Trillion Market Lark Davis, a prominent New Zealand-based crypto analyst, recently hinted at a huge 6x price increase for ETH Price from its current value. According to him, the market cap of ETH is growing at an unstoppable rate, and considering the success and development of the Defi business, the bulls seem to be on the side of the second largest coin. ETH has also jumped because of the significantly strong demand from institutional investors.
Ethereum Market Cap Poised for Massive Surge
According to CoinMarketCap, Ethereum’s market cap of $2 trillion reflects a roughly 550% increase from its current $309 billion valuation.
Ethereum seems to be reviving and may as well explode in the near future.
Source : Coinpedia
💡Don't miss the great buy opportunity in Ethereum/TetherTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (614).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSDT is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 634
TP2= @ 653
TP3= @ 676
TP4= @ 700
TP5= @ 735
SL= Break below S2
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Psychological Roadmap for EthereumRather than the usual use of indicators, I've decided to explain the psychological pattern clearly visible in Ethereum. On the daily charts, we can see Ethereum had some incredibly robust growth, but has been in a bearish state off late, along with the rest of the cryptocurrency market. We observe as the trendlines get more vertically steeper (bullish) and upward facing parallel channels envelop, the bull run start on its momentum. In previous bull runs, Ether always came back and made a slight touch of its bottom trend line. The current trend of Ethereum shows that it is finally about to make its touch of the long term support. This is a MAJOR happening as it means that the breakout is on its way. It looks like in a couple days the whole crypto market is going to boom. While it is a bold prediction, I certainly see this happening. Do not be fooled by short duration trends and charts.
💡 Don't miss the great buy opportunity in ETCUSDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (13.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Ethereum Classic ETCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 16.00
TP2= @ 16.90
TP3= @ 18.10
TP4= @ 20.20
TP5= @ 22.00
TP6= @ 24.15
SL= Break below S2
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There is a possibility for the beginning of uptrend in ZECETHTechnical analysis:
. ZCASH/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. While the price downtrend in the Daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.362 to 0.329). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.362)
Ending of entry zone (0.329)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.435
TP2= @ 0.518
TP3= @ 0.565
TP4= @ 0.710
TP5= @ 0.828
TP6= @ 0.946
TP7= @ 1.049
TP8= @ 1.252
TP9= Free
Bitcoin Dominance 1D Setup - Bitcoin D is currently trading at 58.26%
- Bitcoin D is going to be the biggest indicator to track when Alts will bounce
- Bitcoin D has changed its market structure and can soon shift its bias to bearish once we see a weekly close below 56.18%
- 90% of altcoins are struggling to make a comeback and stay strong for long as BTC D and Bitcoin is outperforming ETH since quite long
- One thing to notice for all Trader/Investors is going to be ETH/BTC pair, ETH/BTC on a weekly TF has already bottomed out and it has recently reacted strong and at the same time TRUMP's inaugural is tomorrow where we can see that Trump has added ETH worth 5Million $
- Ethereum is going to be the biggest indicator clubbed with ETH/BTC USDT D once these start outperforming and USDT D underperforming ETH will print 50-60% and maybe purge a new high and that will lead to an altcoins rally
ETHFI Buy Trade Idea: Leveraging Ethereum's Finance Ecosystem
ETHFI (Ethereum Finance) offers a promising buy opportunity anchored by the robust fundamentals of Ethereum's decentralized finance (DeFi) ecosystem. As a prominent player within the Ethereum network, ETHFI benefits from Ethereum's unparalleled smart contract capabilities, extensive developer community, and widespread adoption. Ethereum's transition to a proof-of-stake (PoS) consensus mechanism further enhances its scalability and energy efficiency, potentially driving higher transaction throughput and reduced costs. The platform's integration with various DeFi protocols and applications positions ETHFI to capitalize on the growing demand for decentralized financial services, making it a strategic investment in the evolving blockchain landscape.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Can Ethereum ETF Bring Optimism In The Price?Can Ethereum ETF Bring Optimism In The Price?
In the present scenario, the Ethereum price is witnessing a strong selloff in Intraday, as it has distanced itself from the $3200 level. The crypto is headed to test the rebound level of $3000, dropping more than 5% in Intraday.
The daily chart shows a breakdown of a bearish flag pattern and a rejection from the 50-day exponential moving average. While the $3000 may act as a psychological level and bring some stability, further downside movement cannot be ruled out.
However, recent developments and updates point towards a potentially bright future for Ethereum, which could bring back the optimistic days.
The most recent news that could relieve Investors is about the commencement of Bitcoin and Ethereum ETFs in Hong Kong. This news is a reason for celebration for Hong Kong investors. There is optimism that these ETFs might exceed the $125 million US Bitcoin ETF launch. It might bring back the reversal in Ethereum and the crypto may perform in the next month.
ETH/USD Forecast: Buyers Step in to Lift Ethereum AgainFor Ethereum to thrive, there must be a willingness among investors to engage with the crypto markets and their associated ecosystems, a trend that seems poised to gain momentum in 2024.
Ethereum experienced a downturn in the early hours of Tuesday, further underscoring the prevailing volatility in this market.
In the grander scheme of things, Ethereum appears poised to gain more momentum.
However, the current situation can be attributed to the rapid ascent it recently enjoyed, combined with the fact that we are navigating the period between Christmas and New Year's Day, a time when market liquidity tends to dwindle.
Major Support Level Below
A crucial level to watch is the $2100 mark, which should serve as a significant support zone. This level has not only provided support in the past but has also demonstrated resistance to buying pressure. Market participants are likely to bear in mind this historical significance, potentially presenting an attractive opportunity for value-oriented investors. On the upside, the $2500 level looms large, and a successful breach of this level could pave the way for a move toward the $3000 mark. Over the longer term, there is potential for Ethereum to reach the $3500 level. However, the immediate future is likely to be marked by choppy, back-and-forth price movements.
In terms of strategy, a prudent approach would involve buying the dips, but doing so incrementally rather than diving headfirst into the market. The next few sessions could be characterized by unusual price movements, making it essential to exercise caution. Nevertheless, Ethereum appears to have a bullish outlook in the long run, especially as interest rates in the United States continue to decline. This decline in interest rates has historically been favorable for the broader cryptocurrency market. As traders become more willing to embrace risk, Ethereum stands to benefit. Ethereum holds a unique position within the market as the foundation for numerous tokens and ecosystems built upon its platform. For Ethereum to thrive, there must be a willingness among investors to engage with the crypto markets and their associated ecosystems, a trend that seems poised to gain momentum in 2024.
As Ethereum charts its course into 2024, investors and traders should remain vigilant, closely monitoring key support and resistance levels underneath, and adopting a measured approach to capitalize on potential opportunities in this market, as the buyers will be under current levels to continue to lift ETH to higher levels, as the “cheap money” coming from the Federal Reserve will continue to be a major influence on not only the Ethereum market but also other cryptocurrencies.
ETHUSDT Bearish View and downtrendA bearish view on ETHUSDT (Ethereum/Tether) suggests that the price of Ethereum is expected to decline against Tether or the US dollar. Here are some possible reasons for a bearish outlook:
Market Sentiment: If there is a general pessimism or negative sentiment in the cryptocurrency market, it could impact the price of ETHUSDT. Factors such as regulatory concerns, market corrections, or overall market downtrends can contribute to bearish sentiment.
Technical Analysis: By analyzing historical price data, patterns, and indicators, technical analysts may identify signals that indicate a potential downtrend. Bearish chart patterns, such as head and shoulders, double tops, or descending triangles, could suggest a forthcoming price decline.
Fundamentals: Negative developments in the fundamental aspects of Ethereum could influence a bearish view. This might include issues like scalability challenges, security vulnerabilities, or concerns regarding the adoption and usage of the Ethereum network.
Competition: Ethereum faces competition from other blockchain platforms, such as Binance Smart Chain, Solana, or Polkadot. If these platforms gain traction and attract users and developers away from Ethereum, it could impact the price negatively.
Regulatory Environment: Regulatory actions or uncertainties surrounding cryptocurrencies can significantly impact their prices. If there are restrictive regulations or crackdowns on cryptocurrencies in general or on Ethereum specifically, it could create a bearish sentiment.
Market Manipulation: Cryptocurrency markets are susceptible to manipulation due to their relatively low liquidity compared to traditional financial markets. Price manipulation schemes, such as pump-and-dump schemes or coordinated selling, could artificially drive down the price of ETHUSDT.
Remember that cryptocurrency markets are highly volatile and subject to various factors that can rapidly change the market sentiment. It's crucial to conduct thorough research and analysis before making any investment decisions.
ETH/USD Latest Analysis
#1 Key Highlights
* Support around $100+ level held strongly.\u2028
* 200H-MA(moving average) broken with buying volume.\u2028
* Ethereum(ETH/USD) price surged 20%+.\u2028
* $120+ resistance broken and retested.\u2028
#2 Chart Analysis
Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum.
Looking at the ethereum trends on Hourly(4H) chart timeframe, we can observe few bullish signs.It has broken short-term downtrend line(red) as well as 200H-Moving Average which was acting as strong resistance as stated in the article published last week.
If we look at the ethereum price analysis today on hourly time-frame(4H), it has penetrated through the Ichimoku cloud and needs to hold above cloud for further bullish momentum.Though Stoch-RSI indicator is in the oversold region(bullish) , MACD indicator is entering into the bearish territory.
Looking at the ethereum technical analysis today, It needs to hold the present level to test(touch) the immediate resistance(Red) around $140+ price level.Also, there is a possibility of a S/R flip at the current level but if it doesn't happen then we might see the $113-$110 price level as there is not upcoming ethereum news to act as a catalyst.
#3 Conclusion
Over the past 2 days, Ethereum (ETH/USD) has managed to move 20%+ while the entire crypto market remains in the strong momentum. Ethereum price analysis 2019 states it needs to undergo a corrective rally before continuing the bullish momentum.
The Power of My Price Action Strategy: Ethereum Targets HitThe Power of My Price Action Strategy: Ethereum Targets Hit
Today, Ethereum showcased the effectiveness of my price action strategy. The day started with a strong buying trade, as the price showed clear signals of upward momentum from a key support level. As the market gained strength, the buying trade played out perfectly, yielding solid gains. Later, as selling pressure increased at the peak, it presented a high-probability selling trade. The market reversed swiftly, hitting targets on the downside. This seamless execution of both buying and selling trades highlights the reliability of my strategy, allowing me to profit from market moves in both directions.
Neiro Ethereum (NEIRO) Tp1 min 60%Neiro on Ethereum (NEIROETH):
Capitalization: $90 million.
Listed on Binance Futures.
Contract: 0xee2a03aa6dacf51c18679c516ad5283d8e7c2637.
First Neiro on Ethereum (NEIRO):
Capitalization: $470 million.
Listed on Binance Spot.
Contract: 0x812ba41e071c7b7fa4ebcfb62df5f45f6fa853ee.
Neiro Ethereum (NEIRO) Neiro Ethereum (NEIRO)
Neiro Ethereum emerged as the top memecoin performer in August adding an impressive 771% to the portfolio of their investors. As per coinmarketcap.com, NEIRO was down nearly 10.1% a day and was exchanging hands close to $0.120.
Neiro Ethereum offers zero buy/sell tax and no team tokens, indicating a community driven approach. It aims to present itself as one of the top meme coins just like Dogecoin. It has a live market capitalization of $120.55 Million and ranks 300th in the cryptoverse.
Moreover, the daily transaction volume has dropped by 6% to $21.77 Million a day. The price action analysis highlights a long term bullish trend with a short pullback. As of now, NEIRO was hovering near the support of $0.116 level.
Now, if the bulls make a comeback and the price takes a rebound,, it may indicate a trend continuation and price may show gains. However, if NEIRO breaks below the support, it may indicate weakness in the short term and the price may incur losses.
Neiro Ethereum (NEIRO)Neiro Ethereum (NEIRO)
NEIRO is a cryptocurrency with a total supply of 1 billion tokens, featuring zero buy/sell tax and no team tokens, indicating a community-driven approach. It is being touted as the next big opportunity in the crypto space, drawing comparisons to Dogecoin's rise.
Neiro Ethereum price made a strong rally in the previous week gaining over 690% a week. The bulls seemed to be dominating the previous week which the crypto may continue in this week as well.
It has a live market capitalization of $119.93 Million and ranks 257th among the 2.4 Million cryptocurrencies. The daily transaction volume stands close to $28.94 with a 28.5% growth a day.
Additionally the volume to market cap ratio at 25.5% suggests high volatility. It has a circulating supply and total supply of 1 Billion NEIRO tokens.
The Ethereum crypto appears to be geared to keep on going upwardThe Ethereum on Tuesday 12th shows a pause in price after a splendid long run in the northward direction. As of Wednesday 13th, the current market price (CMP) is $4036.3, representing a 1.45% intraday increase, and is showing bullish traits for more growth in future sessions. It has demonstrated good performance in the past week by 13.54%, month by 61.09%, and three months by 78.70%, indicating a reliable upward trend.
Since the ETH crypto has displayed a prime price rally from a critical level of around $2900 on the chart and showing sustenance signs at another critical level at a $4000 price level. This price structure on the daily chart shows that Ethereum has the potential to surpass its all-time-high level, similar to Bitcoin.
The Ethereum crypto appears to be geared to keep on going upwards on this remarkable price rally after it recently paused at the $4000 level on Tuesday. Now, it seems mobilizing its buying force again to overcome the resistance level of the next supply zone around $4600 and ascend to new.
Moreover, the crypto asset has shown a bullish strength already by giving a bullish rally so far, and more rising potential lurking on the ETH chart as it stays above major 20, and 50-day EMA's.
Therefore, the Ethereum price prediction highlights that, if the price manages to thrust above by carrying solid buying volume, then the next possible targets could be $4400 and $4600, respectively.
However, if the crypto price fails to stay above $4000, it could decline to $3800, starting a downtrend. The next support would then be $3400.