• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum Price Analysis: Bullish Signals for a Big Week

user avatar

by Giorgi Kostiuk

11 days ago

Ethereum price analysis indicates signs of an uptrend, which could lead to a new all-time high.

Signals of an Uptrend

Analyst @52kskew highlights that Ethereum (ETH) is testing its current value area high. This comes after a fresh higher high, marking a potential continuation of the upward trend.

Reset of Momentum Indicators

A combination of technical tools such as candlestick charts and value zones indicates strong support and resistance levels. The reset of momentum indicators like the Relative Strength Index (RSI) suggests significant movement may occur in the coming days.

Traders Await Breakout Confirmation

This week could be pivotal for ETH traders as they look for confirmation of the uptrend. Given the volatility of the cryptocurrency market, monitoring volumes and key resistance levels, particularly around $4,500 to $4,600, will be essential.

Current market analysis indicates positive signs for Ethereum, yet traders should remain cautious and attentive to real-time data.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Scott Gray Raises $5 Million for Innovative Trading App Share

chest

Scott Gray has raised $5 million for his social trading app, Share, which focuses on onchain trading across major blockchains.

user avatarRajesh Kumar

Amazon Faces Record $25 Billion Fine from FTC for Antitrust Violations

chest

The Federal Trade Commission has fined Amazon $25 billion for antitrust violations, marking the largest civil penalty in the agency's history.

user avatarFilippo Romano

Upcoming Economic Data to Influence Cryptocurrency Market Dynamics

chest

The upcoming Personal Consumption Expenditures (PCE) report on September 26 is expected to influence cryptocurrency market dynamics.

user avatarEmily Carter

Burnt's AI Agents Revolutionize Food Supply Chain Efficiency

chest

Burnt, an innovative AI startup, has launched AI agents designed to automate various supply chain tasks, significantly improving efficiency and reducing manual errors.

user avatarDiego Alvarez

Liquidity Clusters Raise Concerns for Ethereum Traders

chest

Liquidity clusters between $3,800 and $3,500 may lead to further declines for Ethereum.

user avatarKaterina Papadopoulou

Bearish Momentum Dominates Ethereum's Market Structure

chest

Ethereum's Relative Strength Index indicates a bearish trend, with sell orders overwhelming buy attempts.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.