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ethusdanalysis Ideas

Ethereum Price Analysis: Is the Bull Run Over or Just Beginning?

ETHUSD Ethereum is struggling to break above the previous all-time high and might correct soon. Keep your long term vision Overall these messages are just preventing you from objectively looking at the chart. Ethereum is creating higher highs and higher lows, meaning that Ethereum is trading in an uptrend. Even if Ethereum is not able to break above the previous all-time high, market structure still remains decently bullish. Levels to watch: $4,000, $2,200 Philip - BasicTrading

By NovaX
Updated 5 days ago
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Maximizing Your Crypto Portfolio: Analyzing the Latest ETH/USD Trends

```html Support and Resistance Levels: - Resistance: Around 3,491 - 3,446. - Support: Around 3,385 - 3,202. Chart Patterns: - The price is currently in a descending channel, indicating a bearish trend. - Look for potential breakouts above or below the channel to signal a possible change in trend. Trading Strategies: Short Position: - If the price continues to respect the descending channel and breaks below the current support level around 3,385, consider entering a short position. - Set a stop loss above the recent resistance level around 3,446 to manage risk. - Potential take profit levels could be at the next major support around 3,202. Long Position: - If the price breaks...

By NovaX
Updated 2 weeks 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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“Unlocking the Latest ETH/USD Trends: A Comprehensive Analysis”

Ethereum (ETH/USD) Fundamentals and Technicals Look Promising The outlook for Ethereum, both technically and fundamentally, is starting to look rosy and this should feed through into its price over the coming quarter. Between late November 2021 and late January this year, Ethereum fell by around 50% to a low of just $2,200 as the whole crypto market mood turned sour. Since then the second-largest coin by market capitalization has been moving steadily higher, highlighted below by a series of higher lows on the daily chart. Ethereum is now in a zone of prior resistance – between $3,050 and $3,410 – and...

By NovaX
Updated 2 months ago
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Ethusd Price Prediction: Why Ethereum’s Value is Set to Skyrocket

Ethereum’s (ETH) Price Consolidation Ethereum’s (ETH) price continued consolidating for a third consecutive day on Friday after the hefty losses seen at the beginning of the week. Traders continue exercising caution despite news of German asset manager DWS Group launching an Ethereum exchange-traded commodity (ETC) and JP Morgan analysts providing positive updates on Ethereum's potential security status. About Ethereum (ETH) Ethereum (ETH) is a decentralized blockchain network that hosts the cryptocurrency Ether, which acts as a 'fuel' for decentralized apps on the network. Since it launched in 2015, Ether has quickly rivalled Bitcoin as one of the world's most valuable cryptocurrencies in terms...

By NovaX
Updated 2 months ago
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Ethereum Price Plunge: What’s Behind the Recent ETH Drop?

Hello, Ethereum continues its decline as well! 📉 You can find short-term perspective levels on the chart!❗️ Also, take a look at the daily chart. Honestly, it's not very optimistic. I don't want to scare anyone, but if we fall below $3,000, we can expect a more significant correction!🤷🏽‍♀️ What do You say? 🧐 How deep Ethereum can fall? Share Your thoughts with me in the comments. Always sincerely yours, Kateryna💙💛 My analysis from yesterday went unnoticed, so don't hesitate, hit the 🚀 let more people see it!

By NovaX
Updated 2 months ago
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Ethereum Price Plunge: Latest Update on ETH/USD Movement

Ethereum’s (ETH) Temporary Memory Segments Ethereum’s temporary and cost-effective memory segments, or blobs, are being plagued by inscriptions. Nearly 40% of blobs are being utilized by text or image storage inscriptions, popular as Blobscriptions. The Arrival of Blobscriptions on Ethereum Rise in Ordinal-like Inscriptions on Ethereum Data from crypto intelligence platform Dune Analytics shows that Ethereum blobs are being used to create inscriptions at a record rate. On March 27 and 28, there was a spike in inscriptions, embedding text or images in blobs or “memory segments” on the Ethereum blockchain.

By NovaX
Updated 2 months ago
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Ethereum Gains Momentum: Bullish Outlook for the Week Ahead

SEC to Decide on Eight Spot Ether ETF Applications The deadline for the Securities and Exchange Commission (SEC) to decide whether to approve or reject eight spot Ether ETF applications on its table lapses in less than two months. However, there seems to be little contact with the concerned asset managers, contrary to last fall prior to the approval of the first nine spot Bitcoin ETFs in the US. Eric Balchunas' Analysis on Ethereum ETF Approval “Re Eth ETF approval, we are holding the line at 25% odds altho tbh it is a very pessimistic 25%. The lack of engagement seems to be...

By NovaX
Updated 2 months ago
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