Ethereum Just Broke $220 and $250 Seems Imminent: Here’s Why

2020-2-7 06:08

Ethereum price gained more than 10% and broke the key $200 resistance against the US Dollar. ETH even surpassed $220 today and it is likely to continue higher. Ethereum is trading in a strong uptrend above the $200 and $208 levels against the US Dollar. The price is showing a lot of positive and it seems like it could rise further towards $240-$250. There are two key bullish trend lines forming with support near $215 and $205 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is rising steadily and it may soon test the $10,000 resistance area. Ethereum Price Rally To Continue This week, there was a strong start of an upward move in Ethereum above the $195 resistance against the US Dollar. As a result, ETH price climbed above the $200 and $205 resistance levels. Moreover, it broke the $220 level recently and settled well above the 100 hourly simple moving average. A new 2020 high is formed near $221 and the price is currently trading nicely in a strong uptrend. An initial support on the downside is near the $217 level. It coincides with the 23.6% Fib retracement level of the recent rally from the $204 low to $221 high. More importantly, there are two key bullish trend lines forming with support near $215 and $205 on the hourly chart of ETH/USD. Therefore, Ethereum is likely to remain well supported on the downside if it corrects lower from $221. Ethereum Price On the upside, the $222 and $225 levels are initial hurdles for the bulls. A clear break above the $225 level might open the doors for more gains towards the $240 and $250 resistance levels. Bulls In Full Control On the downside, there are many supports forming, starting with $215. If Ethereum corrects below the $215 level, it could find bids near the $212 level. It represents the 50% Fib retracement level of the recent rally from the $204 low to $221 high. Any further losses may perhaps lead the price towards the $205 support area. The main uptrend support is near the $200 level and the 100 hourly simple moving average, below which the price is likely to turn bearish in the near term. The overall trend is very positive and it seems like the bulls are eyeing a test of the $240-$250 resistance area in the coming sessions. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is currently rising and it is well above the 70 level. Major Support Level – $212 Major Resistance Level – $222 The post appeared first on NewsBTC.

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Ethereum (ETH) на Currencies.ru

$ 3260.39 (-0.84%)
Объем 24H $24.557b
Изменеия 24h: -3.45 %, 7d: -16.49 %
Cегодня L: $3226.56 - H: $3393.89
Капитализация $392.731b Rank 2
Цена в час новости $ 221.51 (1371.89%)

ethereum 200 dollar against 220 broke continue

Источник: newsbtc.com

ethereum 200 → Результатов: 126


Фото:

Ethereum Showing Signs of Tiredness as Analysts Expect Underperformance

Ethereum is in the process of surmounting the key $200 resistance level as its bullishness grows The cryptocurrency’s rebound from its March lows has been intense, although analysts are noting that a strong pullback could be in the cards This comes as traders note that they anticipate ETH to underperform Bitcoin in the days and weeks ahead Ethereum is now in the process of rallying up to $200, marking a significant extension of the momentum […]

2020-4-26 22:00


Ethereum May Surge 35% to $200 in Near-Term; What Will Fuel It?

Throughout the past month, the price of Ethereum (ETH) increased from $126 to $140, by more than 11 percent against the U. S. dollar. Similar to how several strategists expect the bitcoin price to increase substantially if it breaks the $4,200 resistance level in the near-term, traders foresee Ethereum rising to as high as $200 if it rebounds over crucial levels.

2019-3-31 13:29


Фото:

Гендиректор BitMEX назвал условие при котором Ethereum вырастет до $200

По мнению генерального директора криптобиржи BitMEX Артура Хейза (Arthur Hayes), криптовалютный рынок сохраняет гигантский потенциал для нового рывка. Например, цифровая валюта Ethereum может в скором времени вновь пробить рекордную отметку в 200 долларов, заявил бизнесмен в интервью порталу CoinTelegraph.

2018-12-26 16:02


Фото:

Цена Ethereum опустилась до значений июля 2017, биткоин ниже $6200

В ночь на воскресенье, 9 сентября, цена второй по капитализации криптовалюты Ethereum опустилась ниже $200, вернувшись к уровням, на которых она последний раз находилась в июле 2017 года. За последние сутки ETH потерял в цене более 12%, а за неделю — более 35%, что является наихудшим показателем среди Top-50 активов CoinMarketCap. Рыночная капитализация этой криптовалюты […]

2018-9-9 09:45


Число коротких позиций по Ethereum достигло рекордных значений

Количество медвежьих позиций по Ethereum (ETH) на бирже Bitfinex обновило исторический максимум. На момент написания материала количество коротких ордеров в паре ETH/USD составляет около 200 000.

2018-9-8 11:53


Количество коротких позиций по Ethereum достигло исторического максимума

Число медвежьих позиций по Ethereum (ETH) на бирже Bitfinex обновило исторический максимум. На момент написания материала количество коротких ордеров в паре ETH/USD составляет около 200 000. Вчера этот показатель достигал 211 000, что является самым высоким значением за все время.

2018-9-8 10:02


Ripio официально запустил платформу p2p-кредитования на основе смарт-контрактов Ethereum

Аргентинский стартап Ripio объявил о полноценном запуске платформы p2p-кредитования, в основе которой лежат смарт-контракты Ethereum. Услуга стала доступна обладателям более 200 тысяч криптовалютных кошельков компании в Аргентине, Мексике и Бразилии, сообщает CoinDesk.

2018-9-6 14:21


Фото:

Stellar (XLM) Most Stable In The Markets with New Milestone of Over 1 Million Active Accounts

The crypto markets have once again declined in a matter of 2 hours that looked more or less like a split second. Observing the Bitcoin (BTC) charts, we find that the King of Crypto dropped from familiar levels of $7,380 to $7,200 in a brief 30 minute period only to continue dropping for another one […] The post Stellar (XLM) Most Stable In The Markets with New Milestone of Over 1 Million Active Accounts appeared first on Ethereum World News.

2018-9-5 18:07


Фото:

Top 10 Cryptocurrencies See Green After a Tumultuous Week

Bitcoin (BTC)–After one of the hardest hitting weeks to the crypto markets in an otherwise bearish year, the top ten currencies by market capitalization appear to be in recovery. On Monday, the total market capilization of cryptocurrency dipped below $200 billion for the first time since last year, signaling a relative low from January 2018’s […] The post Top 10 Cryptocurrencies See Green After a Tumultuous Week appeared first on Ethereum World News.

2018-8-18 18:28


Анализ цены на Bitcoin/Ethereum: капитализация рынка ниже $200 млрд!?

Прошедшая неделя прошла под диктовку медведей. Капитализация крипторынка опустилась ниже отметки $200 млрд. и на момент написания статьи (14. 08) составляет $192 млрд. При этом данное значение становится минимальным для 2018 года.

2018-8-14 15:04


Анализ цены на Bitcoin/Ethereum: Укрепление нисходящего тренда

За последнюю неделю капитализация рынка снизилась с $257 млрд. (6 августа) до $216 млрд. (13 августа). При этом капитализация оказалась в шаге от спуска ниже $200 млрд. В субботу, 11 августа, показатель капитализации зафиксировался на минимальной отметке в $206 млрд. Рассматривая дан...

2018-8-13 13:29


Фото:

Bitcoin Fends Off Further Decline, But An Analyst Says Its “Game Over”

As reported by Ethereum World News on Wednesday, Bitcoin fell to a near-monthly low at $6,200 as the market reacted to the SEC announcement regarding the VanEck-backed ETF. Despite the fact that the state of the market looked dismal, with altcoins bleeding out en-masse and selling pressure ramping up, for now, Bitcoin has staved off […] The post Bitcoin Fends Off Further Decline, But An Analyst Says Its “Game Over” appeared first on Ethereum World News.

2018-8-10 21:11


Фото:

Stormy Markets — Volume Picks Up As Bitcoin (BTC) Drops To $6,200

The cryptocurrency market has had it tough over the past days, with market leaders like Bitcoin and Ethereum posting near-20% losses over the past 7 days. Bitcoin Breaks Through Support at $6,800, Hits Low of $6,175 “Stormy” could be a word used to describe the state of the market, but to some this description of […] The post Stormy Markets — Volume Picks Up As Bitcoin (BTC) Drops To $6,200 appeared first on Ethereum World News.

2018-8-9 21:36


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