Ethereum Classic : Bullish CandleEthereum Classic (ETC) Price Prediction 2022
Ethereum Classic (ETC) holds the 23rd position on CoinGecko right now. ETC price prediction 2022 is explained below with a daily time frame.
The above chart of Ethereum Classic (ETC) laid out the Horizontal channel pattern, also known as sideways trend. In order to indicate how the price is constrained between the upper line of resistance and lower line of support, horizontal channels are trend lines that join changeable price highs and lows.
Currently, Ethereum Classic (ETC) is in the range of $26.40.
>If the pattern continues, the price of ETC might reach the next measured level $49.87 ( Breakout Confirmation Still Pending)
>If the trend reverses, then the price of ETC may fall to $19.36 and & $13.50
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Ethereum Classic (ETC).
Resistance Level 1 $26.15
Resistance Level 2 $37.03
Resistance Level 3 $51.71
Support Level 1 $18.39
Support Level $12.90
ETC Resistance & Support Level
The charts show that Ethereum Classic (ETC) has performed a bullish trend over the past month. If this trend continues, ETC might run along with the bulls overtaking its resistance level at $51.71.
Accordingly, if the investors turn against the crypto, the price of Ethereum Classic (ETC) might plummet to almost $12.90, a bearish signal.
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Ethereum Whales UpdateEthereum Whale Account Transacts 100,000 ETH Coins Amid Price Dip.
Ethereum, the world's second-largest cryptocurrency, has fallen sharply in price over the last few days. Amid the dip, an ETH whale has transferred a significant amount to an unknown wallet. The value of the transaction — 100,000 ETH coins, around $181 million (roughly Rs. 13,500 crores) — was highlighted by Whale Alert, a blockchain tracker and analytics company. Hours after the transaction, Ethereum has been showing an upward trend, gaining more than 6 percent in just 24 hours. Given the positive market trend, the person who bought the digital coins stands to benefit hugely from the transaction.
In the world of finance, a “whale” is an entity with enough power to impact the market of an asset by triggering massive transactions. However, the main issue with whale accounts is that they often accumulate billions worth of digital coins, allowing them the capability to influence the cryptocurrency market single-handedly.
According to data published by Whale Alert, the transaction took place around 9:30 PM (IST) on Monday. At that time, Ethereum price was around Rs 1.36 lakh. However, in the past 24 hours, the crypto coin has gained more than 6 percent in value, showed Coinbase data.
In a similar large transaction earlier in June, a cryptocurrency whale had transferred 50,000 ETH coins “from unknown wallet to unknown wallet”, Whale Alert had reported.
Ethereum, the Bitcoin rival, has an estimated market capitalisation of Rs 16.2 trillion, according to Coinbase. The recent fall in its price has been partly attributed to one of its co-founders quitting the cryptocurrency industry.
Anthony Di Iorio, who helped build Ethereum in 2018, said he was quitting the cryptocurrency ecosystem because he wants to solve “large problems”. The 48-year-old told Coindesk that he doesn't want to be known “as a crypto person”, but instead wants to be known as a “problem solver”.
Di Iorio said he plans to sell his stake in Decentral, a blockchain startup, and move to "larger world problems". He's reportedly involved in Project Arrow, working on creating a zero-emission vehicle.
Ethereum at a Critical Turning Point: Head & Shoulder PatternEthereum Technical Chart Study
Ethereum is showing some interesting price action. It recently took resistance from its resistance zone and is now forming a classic Head & Shoulder pattern—a structure often signaling potential reversals.
Currently, the price is sitting right at the neckline of the Head & Shoulder pattern. If this neckline breaks, it could lead to further downside movement.
Looking below, there’s some key support to watch:
1. The 2800 resistance zone, which Ethereum broke out of earlier, hasn’t been tested yet. This zone might now act as a strong support if the price moves downward.
2. There’s also a trendline support in play, adding another layer of potential price stability.
So, what’s next?
If Ethereum breaks the neckline, we could see the price fall towards the 2800 zone or possibly to the trendline support. These are the levels to keep an eye on for the next big move.
Ethereum Targets Breakout Above $3,583Ethereum (ETH/USDT) is trading at $3,420.84, up +2.89%, forming a cup-and-handle pattern, a bullish signal. Key resistance at $3,583.36 marks the breakout level, with potential upside to $4,000 if cleared.
A short-term pullback to the $3,014–$2,831 support zone (handle phase) is possible before a breakout. Moving averages support the bullish trend, as ETH remains above key levels.
Traders should watch for a high-volume breakout above $3,583 for confirmation, as Ethereum shows strong potential for further gains in the near term.
Ethereum's Path Ahead: Consolidation or New Highs?Ethereum (ETH) recently broke out of its prolonged consolidation phase, currently trading above $3,100, reflecting significant bullish momentum. After reaching its recent peak, ETH appears to be stabilizing near the $3,050 support level, hinting at a possible continuation of its upward trend.
Technical indicators suggest that Ethereum is forming a potential accumulation phase around its current levels. A break above $3,150 could open the door for a retest of higher resistance levels, possibly targeting $3,300 or beyond. Conversely, failure to maintain support near $3,050 might lead to a short-term pullback, bringing prices closer to $2,900.
Traders are advised to monitor key levels and volume activity closely, as the next breakout could define Ethereum’s trajectory in the coming weeks.
Ethereum triple top trendEthereum's triple top trend, three repeated tops, a similar pattern to the 2018 top and the 2024 top, a downward trend with three tops, the three pink arrows are the past tops, and the long pink line is the final downward trend. The final plunge is still in progress, following the pink line downward to create a new bottom low price, Ethereum will reach a lower price, this cannot be verified in a few days, and it will take several months to see the final effect.
Ethereum Set for Takeoff: Accumulate Now for a $10k+ TargetEthereum Update: A Great Time to Accumulate
Ethereum is looking solid for accumulation right now. The best buying range is between $2500-$2000, and if the price dips further, it could be a fantastic chance to grab ETH at a discount.
➡️ My Move: I’ve bought a large amount around $2200 and I’m holding it in spot, not in a leveraged position, aiming for $10,000+.
Key Support:
➡️ $2000 is a strong support level, and we’ve recently seen a bounce from this area.
➡️ Next Steps: The first big resistance is at $4000. If ETH breaks through this level with strong volume, we could see it soaring towards $10,000.
➡️ My Targets:
$6000
$8000
$10,000
$12,000+
Anything above $10,000 will be a sweet bonus!
Ethereum Technical Analysis Update#Ethereum Technical Analysis Update
Chart Pattern: Bull Flag Formation
Ethereum is showcasing a classic bull flag pattern on the ETH/USDT chart. This is often a bullish continuation pattern, indicating potential upward momentum if the market conditions align.
Key Breakout Level: $3,250
If Ethereum breaks and holds above the $3,250 resistance level, we are likely to witness a significant rally. A successful breakout could potentially set CRYPTOCAP:ETH on a path to a new all-time high! Keep an eye on this crucial level for decisive moves.
Support: $2,750
Resistance: $3,250
Trade Wisely and Always Use Stop Loss.
Potential 5% Drop in Ethereum Price Amidst Transition from PoW t
Ethereum's price is currently above a crucial support level at $2,147, maintaining a bullish outlook.
Bears are gaining strength, as indicated by the Relative Strength Index (RSI) below 50 and red bars on the Awesome Oscillator (AO) moving towards zero.
The Moving Average Convergence Divergence (MACD) shows positive histogram bars but had previously crossed below the signal line (orange band).
If selling pressure increases, Ethereum might drop 5%, breaking the $2,147 support and testing a bullish barrier from $2,048 to $2,107.
A further decline below $2,075 would confirm a continued downtrend, with a worst-case scenario testing support at $1,935, representing a 10% drop from current levels.
Ethereum ETH triple bottom head and shoulders bottom bull marketEthereum ETH triple bottom head and shoulders bottom bull market surge trend. Ethereum has two forms at the same time. It is a triple bottom and a head and shoulders bottom. It is an epic bull market surge trend. The main target is the green line above. As long as it breaks through 2100, it will reach 4000, soaring to the ultimate target of 6000/8000.
Ethereum Perspective.Ethereum is the second largest crypto in the world and one of the safest too after Bitcoin. It will be important to see how Ethereum plays out in the next Bull run.
POI for Ethereum remains at 1615-1738$.
There are 2 scenarios building up one has a different path to play out and other too has a different path.
Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46Ethereum/USD Uptrend movement potential with RISK:REWARD 2.46
Symbol Ethereum/US dollar
Time frame :4 hours
Analysis :There is a break out from the symmetrical Triangle and the price is rallying on the up side .So, We will check the condition for Uptrend movement .Moving average ,MACD and PIVOT point condition is checked for uptrend movement. BUy call above 2025 which stop loss 1856 and we can expect a target of 2433.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
Breakout or Breakdown in Ethereum on 30m and 4H TF Hello Traders,
I am tracking the ethereum on 30m and 4h time frame.
On 30m chart
- Bollinger Band Squeezed
- ema(20,50,100,200) lies in between the Bollinger Bands
- RSI Neutral
- MACD Neutral
From these levels we can get a good trade on either side.
Wait for the breakout or breakdown and enter the trade in that direction, a good small trade can be executed.
On 4H chart
- Bollinger band expands
- Price is at the middle line
- sma(20) coincides with the support/resistance level
- Intraday move decides the direction for swing trade.
Happy trading and keep learning.
Thanks
Er. Simranjit S Virdi
Trading Signal For EthereumTrading Setup:
There is a Trading Signal to Buy in ETHUSDT Ethereum
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 1323.60
⭕️SL @ 1290.64
🔵TP1 @ 1514.45
🔵TP2 @ 1629.76
🔵TP3 @ 1755.20
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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Trading Signal For Ethereum Trading Signal:
There is a Trading Signal to Sell in ETHUSDT Ethereum (update)
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 2938.0
⭕️SL: close above 3090.0
🔵TP1 @ 2636.0
🔵TP2 @ 2411.0
🔵TP3 @ 2040.0
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Trading Signal For EthereumTrading Signal:
There is a Trading Signal to Sell in ETHUSDT Ethereum
Traders can open their Sell Trades NOW
Rank : ⭐️
⬇️Sell now or Sell on 3592.0
⭕️SL: close above 3717.0
🔵TP1 @ 3271.0
🔵TP2 @ 2946.0
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Trading Signal For EthereumTrading Signal:
A Trading Signal is seen in the ETHUSDT Ethereum
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 3661.0
⭕️SL: close below 3559.0
🔵TP1 @ 3940.0
🔵TP2 @ 4299.0
🔵TP3 @ 4650.0
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