| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107424.7300000000 |
| ETH | $2435.0000000000 |
| BNB | $647.9095600000 |
| XRP | $2.1845920000 |
| ADA | $0.5662942000 |
| SOL | $150.7296000000 |
| DOGE | $N/A |
| DOT | $3.4058700000 |
| LTC | $86.2974000000 |
| LINK | $13.3866900000 |
Category: CRYPTO NEWS
The post Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains appeared on BitcoinEthereumNews.com. Este artículo también está disponible en español. Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,750 and $2,780. Ethereum Price Regains Traction Ethereum price attempted a fresh increase above the $2,700 level, beating Bitcoin. ETH broke the $2,750 resistance but it failed to clear the $2,850 resistance zone. A high was formed at $2,847 and the price started a fresh decline. There was a move below the $2,750 and $2,720 support levels. A low was formed at $2,689 and the price is now consolidating gains. There was a move above the 23.6% Fib retracement level of the recent decline from the $2,847 swing high to the $2,689 low. Ethereum price is now trading above $2,700 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2,700 on the hourly chart of ETH/USD. On the upside, the price seems to be facing hurdles near the $2,750 level. The first major resistance is near the $2,765 level or the 50% Fib retracement level of the recent decline from the $2,847 swing high to the $2,689 low. The main resistance is now forming near $2,800 or $2,820. Source: ETHUSD on TradingView.com A clear move above the $2,820 resistance might send the price toward the $2,850 resistance. An upside break above the $2,850 resistance might call for more gains in the coming sessions. In the stated…
2025-02-18T03:42:09+00:00