Sunday, July 13, 2025
No Result
View All Result
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
Crypto Marketcap
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
No Result
View All Result
Blockchain Broadcast
No Result
View All Result

Ethereum Price Consolidation In Progress—Uptrend Resuming Soon?

February 22, 2025
in Analysis
Reading Time: 2 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


Este artículo también está disponible en español.

Ethereum worth is displaying constructive indicators above the $2,680 zone. ETH is gaining tempo and an upside break above $2,755 might set off bullish strikes.

Ethereum remains to be displaying constructive indicators above the $2,650 zone.
The value is buying and selling above $2,720 and the 100-hourly Easy Transferring Common.
There’s following a key rising channel with assist at $2,725 on the hourly chart of ETH/USD (information feed through Kraken).
The pair might begin a good upward transfer if it settles above $2,755 and $2,800.

Ethereum Worth Eyes Upside Break

Ethereum worth remained supported above the $2,550 stage and not too long ago began a good upward transfer, however it underperformed Bitcoin. ETH gained tempo above the $2,650 and $2,660 resistance ranges.

The value even cleared the 50% Fib retracement stage of the downward wave from the $2,845 swing excessive to the $2,604 low. There was additionally a transfer above the $2,720 resistance stage. Apart from, the worth is following a key rising channel with assist at $2,725 on the hourly chart of ETH/USD.

Ethereum worth is now buying and selling above $2,720 and the 100-hourly Easy Transferring Common. On the upside, the worth appears to be going through hurdles close to the $2,755 stage. It’s near the 61.8% Fib retracement stage of the downward wave from the $2,845 swing excessive to the $2,604 low.

Supply: ETHUSD on TradingView.com

The primary main resistance is close to the $2,790 stage. The primary resistance is now forming close to $2,800 or $2,820. A transparent transfer above the $2,820 resistance would possibly ship the worth towards the $2,880 resistance. An upside break above the $2,880 resistance would possibly name for extra beneficial properties within the coming classes. Within the said case, Ether might rise towards the $2,920 resistance zone and even $3,000 within the close to time period.

One other Decline In ETH?

If Ethereum fails to clear the $2,755 resistance, it might begin one other decline. Preliminary assist on the draw back is close to the $2,720 stage. The primary main assist sits close to the $2,665 zone.

A transparent transfer under the $2,665 assist would possibly push the worth towards the $2,620 assist. Any extra losses would possibly ship the worth towards the $2,550 assist stage within the close to time period. The following key assist sits at $2,500.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum within the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Main Assist Degree – $2,720

Main Resistance Degree – $2,755



Source link

Tags: ConsolidationEthereumPriceProgressUptrendResuming
Previous Post

Bitcoin Price Recovers Strongly—Is a New Rally Beginning?

Next Post

Find the Advantages of Blockchain for Your Business | by Faiz Azhar | The Capital | Feb, 2025

Related Posts

Pundit Reveals The Two Things That Will Drive XRP Price To All-Time Highs
Analysis

Pundit Reveals The Two Things That Will Drive XRP Price To All-Time Highs

July 12, 2025
Ether could extend rally if it closes above k resistance; check forecast
Analysis

Ether could extend rally if it closes above $3k resistance; check forecast

July 11, 2025
Dogecoin (DOGE) Rockets to alt=
Analysis

Dogecoin (DOGE) Rockets to $0.20 — Can It Go Even Higher?

July 12, 2025
What next for Bitcoin after hitting a new all-time high? Check forecast
Analysis

What next for Bitcoin after hitting a new all-time high? Check forecast

July 11, 2025
Solana (SOL) Spikes to 0 — Will Bulls Power Past This Wall?
Analysis

Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?

July 10, 2025
XRP Price Flashes Strength — Bulls Looking for Continuation
Analysis

XRP Price Flashes Strength — Bulls Looking for Continuation

July 10, 2025
Next Post
Find the Advantages of Blockchain for Your Business | by Faiz Azhar | The Capital | Feb, 2025

Find the Advantages of Blockchain for Your Business | by Faiz Azhar | The Capital | Feb, 2025

Bitcoin’s Price Stuck Within A Relative Narrow Range, Will A Breakout Occur Soon?

Bitcoin's Price Stuck Within A Relative Narrow Range, Will A Breakout Occur Soon?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Youtube RSS
Blockchain Broadcast

Blockchain Broadcast delivers the latest cryptocurrency news, expert analysis, and in-depth articles. Stay updated on blockchain trends, market insights, and industry innovations with us.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3
No Result
View All Result

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$118,171.000.41%
  • ethereumEthereum(ETH)$2,965.490.55%
  • rippleXRP(XRP)$2.800.61%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$692.230.45%
  • solanaSolana(SOL)$162.060.53%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1987720.10%
  • tronTRON(TRX)$0.3024680.15%
  • staked-etherLido Staked Ether(STETH)$2,964.930.63%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.