TA: Ethereum Gains Momentum, Here’s Here Chances of a Run To $3K

2021-4-27 10:08

Ethereum remained well bid and it broke the $2,500 resistance zone against the US Dollar. ETH price is likely to accelerate higher above $2,550 and $2,600 in the near term.

Ethereum is trading in a bullish zone above the $2,500 support level. The price is now trading well above $2,450 and the 100 hourly simple moving average. There is a key rising channel forming with support near $2,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to rise further above the $2,550 and $2,600 levels in the near term. Ethereum Price Extends Gains

Ethereum gained pace and it settled nicely above the $2,400 resistance zone. ETH even cleared the $2,450 resistance and settled well above the 100 hourly simple moving average.

There was a clear break above the $2,500 level and the price tested the $2,550 zone. A high is formed near $2,545 and the price is consolidating gains. There is a key rising channel forming with support near $2,480 on the hourly chart of ETH/USD.

The channel support is close to the 23.6% Fib retracement level of the recent wave from the $2,175 low to $2,545 high. On the upside, the price is facing a major hurdle near the $2,550 level. A clear break above the channel resistance could set the pace for a test of the $2,650 zone.

Source: ETHUSD on TradingView.com

Any more gains could open the doors for a new all-time high above $2,700. In the stated case, ether price may possibly rise towards the $3,000 level. An intermediate resistance is also near the $2,800 zone.

Dips Limited in ETH?

If Ethereum fails to extend gains above $2,550, there could be a downside correction. An immediate support is near the $2,480 level and the channel trend line.

A downside break below the channel support could lead the price towards the $2,400 level and the 100 hourly simple moving average. Any more losses could lead the price towards the $2,350 zone in the coming sessions. An intermediate is near the $2,380 level, where the bulls are likely to take a strong stand.

Technical Indicators

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

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

Major Support Level – $2,450

Major Resistance Level – $2,550

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Ethereum (ETH) на Currencies.ru

$ 3315.39 (+1.06%)
Объем 24H $48.971b
Изменеия 24h: 7.44 %, 7d: 6.35 %
Cегодня L: $3039.69 - H: $3364.01
Капитализация $399.265b Rank 2
Цена в час новости $ 2545.92 (30.22%)

ethereum 500 above zone momentum 550 higher

Источник: newsbtc.com

ethereum 500 → Результатов: 126


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Ethereum is in the midst of a parabolic rally. The second-largest cryptocurrency has breached the $500 hurdle for the first time since 2018 and is up over 280% year-to-date. Ethereum’s jump to 28-month highs comes as alternative cryptocurrencies (also known as altcoins) stage a recovery from the lackluster performance. Above $500, there’s now very little […]

2020-11-23 09:08


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The Ethereum Investment Case Has This Unexpected Achilles’ Heel

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2020-6-15 13:00


Виталик Бутерин предложил масштабировать эфириум с помощью технологии Zcash

Виталик Бутерин планирует увеличить количество транзакций в сети эфириума на 3200% (до приблизительно 500 транзакций в секунду) без использования технологий второго уровня, таких как Plasma. В своей публикации на форуме Ethereum Research сооснователь проекта отметил, что эфириум может позаим...

2018-9-25 10:47


Фото:

How Zcash Could Help Scale Ethereum Up To 500 Transactions Per Second

Scalability problems plague Ethereum. Often, the Ethereum blockchain is clogged and slow, hardly a surprise given how many projects exist on the Ethereum blockchain though. There could be a new solution within some new practices that have been pioneered within the Zcash network, according to Coindesk: “A form of cryptography pioneered by zcash might help scale ethereum, founder of the platform Vitalik Buterin said on a research forum Saturday.

2018-9-24 18:00


Виталик Бутерин: технология zk-SNARK может помочь масштабировать Ethereum

Технология zk-SNARK, созданная разработчиками Zcash, может помочь масштабировать Ethereum. Об этом заявил сооснователь платформы Виталик Бутерин на исследовательском форуме, прошедшем на днях. По его мнению, используя zk-SNARKs, Ethereum можно масштабировать до 500 транзакций в секунду, не прибегая к решениям второго уровня, таким как Plasma или Raiden.

2018-9-24 17:25


500 транзакций в секунду: Бутерин заявил, что zk-snarks поможет масштабированию Ethereum

Технология, представленная в криптовалюте ZCash, может помочь Ethereum масштабироваться, пишет CoinDesk со ссылкой на заявление основателя платформы Виталика Бутерина. По словам Бутерина, благодаря технологии zk-snarks Ethereum может масштабироваться «до огромных размеров» и обрабатывать до 500 транзакций в секунду без необходимости прибегать к решениям второго уровня, таким как Plasma или Raiden.

2018-9-24 17:10


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