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Ethereum Price Prediction: Slightly Bearish Outlook for the Next 24 Hours

The Securities and Exchange Commission (SEC) Expected Approval of Ethereum Spot ETFs The Securities and Exchange Commission (SEC) expected final approval of eight exchange traded funds (ETFs) applications chugs along in the US. The approval of their registration statement is expected by July 4, according to the news agency Reuters. They are thereafter ready to be listed. Market Forecast for Ethereum Spot ETFs “As with Bitcoin Spot ETFs, once the SEC signs off, ETFs could start trading within 24 hours. The Bitcoin ETFs have received $14 billion of net inflows, and various comparisons - market cap, ETFs based on futures, etc. indicate that...

By NovaX
Updated 6 days ago
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Leveraging the 200,000 ETH Options Expiry for Long-Term Gains

Thrilling News in the Ethereum Market The Ethereum market is buzzing with excitement as we approach a massive 200,000 ETH options expiry. This is a pivotal moment that could send Ethereum's price soaring to new heights, and you won't want to miss out on the action! Market Buzz As the expiry date looms, demand for Ethereum is already spiking. Traders across the globe are gearing up for what could be a monumental price movement. The big question on everyone's mind: How far can Ethereum's price go? Golden Opportunity Here's why this could be a golden opportunity: High Demand: The sheer volume of options set to expire...

By NovaX
Updated 2 weeks ago
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ETHUSD Multitimeframe Analysis: Unveiling Comprehensive Insights

There is currently a significant bullish confluence for ETH. It's essential to conduct your own research before making any trading decisions. I'm always open to discussing and answering questions, drawing from my own experiences and lessons learned on the path to consistency. Please note that all videos and ideas shared here are for educational purposes only and do not constitute financial advice or signals. Your trades are your own responsibility, so treat everything here as a simulated learning environment and always do your own research before acting.

By NovaX
Updated 3 weeks ago
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Ethereum’s Battle for Recovery: Will Bulls Regain Lost Ground?

Ethereum's Rollercoaster Ride: Can Bulls Regain Control? The initial rally saw ETH break past the $3,300 barrier, a level that had previously acted as resistance. This positive momentum fueled optimism amongst bulls, who anticipated a potential continuation of the uptrend. However, their hopes were dashed as the bears re-emerged, triggering a swift reversal. Technical Indicators Paint a Bleak Picture Adding to the bearish concerns is the break below a crucial bullish trend line on the hourly chart. This trend line had previously provided support for ETH's price, and its violation indicates a potential weakening in the uptrend. Where Do We Go From Here? The near-term...

By NovaX
Updated 2 months ago
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Ethereum Price Prediction: ETH Expected to Reach $2,800 in 3 Days, Followed by a Rebound

May approvals of spot ETH ETFs in the US seem out of question. The meetings held between the asset managers that have filed spot Ether ETF applications and the Securities and Exchange Commission (SEC) have been one-sided and discouraging, CryptoSlate reports. This is in stark opposition to the meetings held ahead of the SEC’s approval of spot Bitcoin ETFs in January, when the regulator had provided significant feedback on the applications. The price of Ether dropped 3.4 percent to $3,208 over the past 24 hours. ☁️ Bearish clouds linger over the global crypto market Over the next 24 hours, including Bitcoin and Ether,...

By NovaX
Updated 2 months ago
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Intraday Trading Levels for ETH This Weekend: 27-28.04.2024

During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones. Relevant to use as a location for installing TP. Levels are valid throughout the day, the date is in the title. The next morning I adjust the levels based on current data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is...

By NovaX
Updated 2 months ago
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