Ethereum recently experienced a surge in price, breaking above the $3,000 resistance level. However, this upward momentum was short-lived as bears quickly entered the market, causing a correction in the price of ETH. The cryptocurrency is currently trading above $2,900 and the 100-hourly Simple Moving Average. A bearish trend line is forming with resistance at
Analysis
The Ethereum price has experienced a significant increase, surpassing the $3,000 resistance level. This upward trend is a positive sign for Ethereum investors, suggesting that the price may continue to rise towards the $3,120 mark. The price of Ethereum has not only crossed the $3,000 threshold but is also trading above this level, along with
Tron price has been gaining momentum above the key resistance level of $0.120 against the US Dollar. The latest surge in price has outperformed Bitcoin, indicating a bullish trend for TRX. The digital currency is currently trading above $0.1350 and the 100 simple moving average for the 4-hour chart, suggesting a positive outlook for TRX.
Bitcoin price has recently spiked toward the $53,200 resistance level. Despite this upward movement, BTC is currently struggling to break above the $52,500 resistance zone. The price is also trading below $52,400 and the 100 hourly Simple Moving Average, indicating a potential bearish trend in the short term. Looking at the hourly chart of the
Ethereum price is currently demonstrating positive signs above the $2,850 support level. This indicates a potential for further gains and a possible surge towards the $3,000 resistance zone. The gradual upward movement above the $2,800 support zone is a promising indicator for ETH investors. An essential aspect to note is the formation of a key
NEAR Protocol has been closely following the market trend since the beginning of the year, showing an increase of nearly 30% bi-weekly. This trend indicates that investors are still excited about the recent growth in the broader market and the advancements made by NEAR Protocol. The token is on a mission to cater to both
Ethereum (ETH), the second-largest cryptocurrency globally, is quickly approaching the highly anticipated $3,000 mark. Could this be the start of a remarkable surge that propels it to $4,000 by the end of February? Several factors are contributing to this bullish sentiment, beginning with the increasing popularity of ETH staking. As Ethereum 2.0 gains momentum, more
BNB price is gaining bullish momentum from the $315 support zone. The price has the potential to extend its rally above $375 and rise towards the $400 level in the near term. After starting a decent increase in the past few days, BNB price cleared the $335 resistance zone and moved into a positive zone,
Bitcoin price has managed to hold its gains above the crucial $52,000 resistance level, indicating a positive outlook for the cryptocurrency. BTC is currently in a consolidation phase and could potentially aim for further upsides towards the $55,000 resistance. In this article, we will analyze the current state of Bitcoin price and explore the factors
Dogecoin, the popular cryptocurrency that started as a meme, has been gaining momentum in recent times. With its price surpassing the $0.085 zone against the US Dollar, many investors are now wondering if DOGE will continue its upward rally. In this article, we will analyze the current market trends and technical indicators to assess the
