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Ethusdanalysis

Ethereum- A probable 20% rise After reaching a peak above $2700 and experiencing a typical correction, BITSTAMP:ETHUSD performed well technically. It remained above the support levels between $2150-2200 and yesterday, it finally broke through the $2400 resistance. The current outlook for EthUsd is strongly bullish. As long as the price stays above the $2400 zone, we can anticipate a continuation of the upward trend with a target set at $3000. Moreover, such a trade would offer a risk-to-reward ratio of more than 1:3.
BITSTAMP:ETHUSDLong
by Mihai_Iacob
2
ETDUSD (W) is poised to approach the $30K in the near futureBINANCE:ETHUSD ETDUSD (W) is poised to approach the $30K in the near future ETDUSD (W) is poised to approach the $30K price threshold in the near future. The distinct bullish response within Fibonacci extension zone 1 ( GETTEX:29K -$32K) is evident. However, the sudden surge in price has activated a cautionary signal from the RSI indicator, suggesting a potential correction. RSI divergence has materialized, prompting a corrective response in the recent period. The recent uptrend lacks substantial volume, particularly observed within a candle featuring a prominent upper wick. Therefore, for holders of this digital currency, a prudent strategy involves establishing a secure stop-loss level to preserve existing profits and setting a take-profit target within the GETTEX:29K -$30K price range. For those observing from the sidelines, exercise caution, refrain from succumbing to FOMO during this period, and await signals from the impending correction.
BINANCE:ETHUSDLong
by VNSmartMoney
4
ETHUSDMost likely, such a strong growth occurred against the backdrop of news about ETFs on Ethereum. The deadline for approval of Ethereum ETF applications is May 24. For further growth, you need to break through the resistance at $2,732 and consolidate above this level. Targets in case of further growth are marked with blue lines. As in the case of Bitcoin, we do not buy Ethereum yet, because it is dangerous. Also keep in mind that there is quite a lot of liquidity in the $1870 zone. Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can✍️
BITSTAMP:ETHUSD
by Andrey_Crypto
1
ETHUSD (D) may experience a decline to the $26K-$26.5KCOINBASE:ETHUSD ETHUSD may experience a decline to the $26K-$26.5K ETHUSD (D) may experience a decline to the price range of $26K-$26.5K. This assessment is grounded in the following observations: RSI divergence at both the peak and trough of the recent uptrend indicates a weakening bullish pressure relative to selling pressure. The non-breaking of the MA50 support on the initial attempt is a typical response but also suggests a reevaluation of the prevailing trend. The abrupt and notable decline, swiftly moving from the $26K price range to $22.4K, raises substantial concerns compared to the preceding ascent. Despite a robust price increase, recent volume has not demonstrated remarkable strength, highlighting the presence of numerous unsustainable FOMO factors. RSI resides in the overbought zone, signaling the potential for a price correction at this stage (yet to be confirmed as a trend reversal). The nearest price support zone lies within the range of $26K-$26.5K, presenting an opportune level for this corrective phase.
COINBASE:ETHUSDShort
by VNSmartMoney
3
ETHUSDT: Is ETH About To Kick Off It's Next Bull Run?Hey everyone! 2023 turned out to be a great year, as expected! 2024 shaping up to follow similar footsteps. ETFs are providing an on ramp for traditional finance money to enter the space, with the ETFs accumulating over 9B of capital in under a month. As I was doing HTF analysis on ETH, this fractal comparison came to light. Since I've seen it, I can't unsee it 1. Exact same ABC correction marks cycle bottom 2. 5 wave structure under bear market resistance 3. 2 rejections under bear market resistance (wave 1 & 3) 4. Fifth wave breaks bear market resistance 5. Exact same retest on 50 EMA & previous bear market resistance Maybe the ETFs speed up the usual "halving pattern"? This charts say 3K+ en route soon, invalidation being a break of the key! Thanks for reading, please comment and like!
INDEX:ETHUSD
by traderview2
USDT.DTeather dominance is used as gauge to inverse the prices of CRYPTOCAP:BTC & #altcoins. When CRYPTOCAP:USDT.D drops it is bullish for the entire crypto space and when it pumps it is bearish. Right now the downtrend is breaking below a channel that I have marked off since 2018. That means this channel has been in play 6 years. Right now the candles are breaking below the bottom TL in what I have labeled a 5 wave bearish declining sequence. The significance of this is move is important. The bottom TL has been the top of all bull markets since 2018 and we are currently breaking below that level with no real support in sight until 4% then 2%. This means that the bears have officially lost. It's game over now. Bull market is here and it looks big since this channel has been bear market support since 2018. BigMike loves you all let the party begin.
CRYPTOCAP:USDT.D
by Big_Mike716
4
ETH Bullish Forecast 🌞 - Upside Potential Over the Next WeekThe Securities and Exchange Commission (SEC) has, as expected, delayed its decision of Invesco’s and Galaxy’s applications for spot Ether exchange traded funds (ETFs). “The only date that matters for spot #ethereum ETFs at this time is May 23rd. Which is @vaneck_us's final deadline date,” noted Bloomberg’s ETF analyst James Seyffart. The price of Ether rose 2 percent to 2,368 dollars over the past 24 hours. Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Ripple’s XRP, Cardano and Avalanche facing bearish clouds and downside risks according to ATTMO. As for Ether, Litecoin, Binance Coin and Dogecoin, they should all profit from a bullish sun and upside potential. Over a one-week horizon, this bullish sun will shine over Bitcoin, Ethereum and Chainlink, while the other altcoins covered by ATTMO are set to face bearish clouds. Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
ETH Short-Term Bullishness ☀️; Bearish Trend in 3 Days ☁️Mixed trading conditions lie ahead in the next 24 hours, with Ethereum and Binance Coin profiting from a bullish sun, indicating upside potential. The price of Ether already added 1 percent to 2,330 dollars. Yet, bearish clouds are lingering over Bitcoin, Litecoin, XRP and Avalanche in the next 24 hours. Over a one-week horizon, the trading conditions will improve for Bitcoin, which should profit from this bullish sun. However, most of the other altcoins covered by ATTMO will face bearish clouds and downside pressure over this longer time horizon. Follow us for more crypto weather reports!
BITSTAMP:ETHUSD
by ATTMO
ETH Sees Bullish ☀️ In the Next 24 Hrs; Bearish ☁️ In 1 Week Ethereum, Ripple’s XRP and Cardano will profit from a bullish sun in the next 24 hours, according to ATTMO. The Hong Kong-based asset manager Venture Smart Financial Holdings (VSFG) plans to apply for a spot Ether ETF in Hong Kong during the second quarter, conditional on the approval of its spot Bitcoin ETF during the first, the Block reports. The price of Ether rose 1.5 percent to 2,306 dollars over the past 24 hours. Meanhile, Bitcoin, Binance Coin and Avalanche are set to face bearish clouds over the same time horizon. Over a one-week horizon, this bullish sun will shine over Bitcoin, Dogecoin and Polygon, signaling upside potential. Bearish clouds will, however, sweep over Ether, Litecoin, XRP, Cardano and Binance Coin, indicating downside pressure ahead. 
BITSTAMP:ETHUSD
by ATTMO
ETH Bullish Day and Week Ahead ☀️Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US. The price of Ether was up 2.5 percent over the past 24 hours, and it has even more upside potential over the next week. According to ATTMO, a bullish sun will shine over Ethereum, Bitcoin, Binance Coin and Ripple’s XRP in the next 24 hours, while bearish clouds will linger over Avalanche, Dogecoin and Polkadot. Follow us for more crypto weather reports!
BITSTAMP:ETHUSDLong
by ATTMO
ETHUSDT.1DBased on the market data provided, the current price of Ethereum (ETH) against USDT is $2264.0. The Relative Strength Index (RSI) on the 4-hour, 1-day and 7-day charts are 43.34, 43.34, and 59.50 respectively. The RSI values suggest that ETH is nearing an oversold condition, especially on the 4h and 1d charts. The Moving Average Convergence Divergence (MACD) values for the 4-hour, 1-day and 7-day charts are -19.96, -13.80, and 162.71 respectively. The negative MACD on the 4h and 1d charts suggests a bearish trend, but the positive MACD on the 7d chart suggests a longer-term bullish trend. The Bollinger Bands (Bb) on the 4-hour, 1-day and 7-day charts are 2703.0, 2703.0, and 2800.0 respectively. The current price is below the middle band in all cases, indicating a potential for upward movement. The support levels on the 4-hour chart are $2166.0, $2026.0, and $1911.0 and the resistance levels are $2712.0, $2826.0, and $3116.0. On the 1-day chart, the support levels are $2105.0, $1911.0, and $1700.0 and the resistance levels are $2712.0, $3107.0, and $3134.0. On the 7-day chart, the support levels are $2026.0, $1684.0, and $1508.0 and the resistance levels are $2817.0, $3233.0, and $3591.0. In conclusion, the technical analysis suggests that ETH is currently in a bearish trend in the short term, but there is potential for a reversal given the oversold conditions and the longer-term bullish indicators. However, the cryptocurrency market is highly volatile and unpredictable, so it's important to do your own research and consider other factors before making any investment decisions.
by MarsSignals