Key Highlights
Ethereum Technical Analysis
Ethereum found strong bids near the $2,800 zone. ETH price started a decent upward move above the $3,000 resistance and recovered some losses, like Bitcoin.
Looking at the daily chart, the price climbed above the $3,150 resistance. There was a spike above the 50% Fib retracement level downward move from the $3,724 swing high to the $2,807 low.
The price is now stable above the 100-day simple moving average (red) and the 200-day simple moving average (green). However, it is facing resistance near a key bearish trend line at $3,400 on the daily chart.
The trend line is close to the 61.8% Fib retracement level downward move from the $3,724 swing high to the $2,807 low. A daily close above the $3,400 resistance zone could start a steady increase. In the stated case, the price may perhaps rise toward the $3,725 level. The next stop for the bulls may perhaps be near the $4,000 level.
If not, the price might start another decline and test the $3,120 support level. The next major support is near $3,025, below which the price could slide toward $2,800.
Looking at gold prices, the bulls were active near the $2,390 and the bulls might now aim for a fresh increase in the near term.
Economic Releases
Link:
Ethereum (ETH) Could Rally If This Resistance Gives Way - Action Forex
- Why Ethereum Classic And Litecoin Are Diving - Benzinga [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Polygon (MATIC) CEO Announces Ethereum (ETH) As The Layer 1 Future. HedgeUp (HDUP) Intends To Lead Web 3. - Benzinga [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Bitcoin, Ethereum Technical Analysis: BTC Above $20000, ETH ... - Bitcoin News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Why Bitcoin Cash And Ethereum Classic Are Ripping Higher - Benzinga [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- How To Stake Ethereum On Coinbase? - CoinGape [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum ... - Bitcoin News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Top Analyst Predicts Rallies for Fantom and One Ethereum-Based Altcoin, Says ETH Looks Hella Bullish - The Daily Hodl [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Continues to Dominate the NFT Market, With a Current ... - BanklessTimes [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum-Based Uniswap Officially Launches on BNB Chain - Watcher Guru [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Why are Bitcoin, Ethereum, and Solana crashing today? Here's what ... - USA TODAY [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Trader Who Nailed Crypto Bottom Says Bitcoin and Ethereum Primed for Massive Rally Following Strong Weekly ... - The Daily Hodl [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Drops Below This Key Level; ApeCoin Becomes Top Loser - Benzinga [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Why Bitcoin, Ethereum, and Dogecoin Popped on SVB Rescue ... - The Motley Fool [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum layer-2 solutions may focus less on token incentives in the future - Cointelegraph [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Cryptocurrency Ethereum Classic Decreases More Than 3% Within 24 hours - Benzinga [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum & Vechain showcase how blockchain technology ... - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Mixer Offer to Protect Anonymity & Making Transactions Untraceable in 2023 - Yahoo Finance [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Test: New ChatGPT-4 instantly identified Ethereum smart contract ... - Finbold - Finance in Bold [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Banking contagion sparks crypto frenzy: investors rush to 'HODL ... - Finbold - Finance in Bold [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum price reaches lowest level relative to Bitcoin in 5 months - Cointelegraph [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Euler Finance Hacker Mixes $1.6M in Ethereum on Tornado Cash - Decrypt [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Ethereum Layer-2 Solution Arbitrum Announces Token Airdrop, Opens Tech Stack to Devs - Decrypt [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Bitcoin Price and Ethereum Prediction: BTC Finds Support at ... - Cryptonews [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Why Ethereum Classic (ETC) Is Up 9% In The Past 24 Hours - Benzinga [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- How Crypto Whales impacted Big Eyes Coin ($31.71M Presale!), Bitcoin, and Ethereum this week - Euro Weekly News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Why Bitcoin- And Ethereum-Related Stock MicroStrategy Is Seeing Blue Skies - MicroStrategy (NASDAQ:MSTR) - Benzinga [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Ethereum Rises Above This Key Level; Immutable Emerges As Top Gainer - Benzinga [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Cardano Whale Transactions on the Rise As the Ethereum Competitor Continues To Dominate Development Activity - The Daily Hodl [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Why Ethereum will emerge victorious in the ongoing bull rally as Tether mints $2 billion USDT - FXStreet [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Bitbuy Announces "Bitbuy Boosts" Ethereum Reward Program - WonderFi Technologies (OTC:WONDF) - Benzinga [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Ethereum Price Regains Strength, Indicators Suggest High Chances of Upside Break - NewsBTC [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Three Ethereum alternatives that every Crypto Investor should consider in the ongoing Bear Market Chainlink, Polygon and Big Eyes Coin - Euro Weekly... [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Crypto community with 88% historical accuracy sets Ethereum price ... - Finbold - Finance in Bold [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- SECs Gary Gensler wants Proof-of-Stake Ethereum to be regulated as a security, will traders turn to ETHW? - FXStreet [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Playboy Lost $4.9M on Ether It Accepted as NFT Payments - CoinDesk [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- OKBChain Will Be an L2 Chain of Ethereum, Says OKX Founder By ... - Investing.com [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Post-Merge Ethereum: Grayscale extends review of ETHPoW decision - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- 16% Growth For Solana (SOL) In 7 Days: Ethereums Dominance To Be Challenged? - Coinpedia Fintech News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Ethereum Classics TVL recovers and heres the key driving factor - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Better Buy: Coinbase vs. Ethereum - The Motley Fool [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Cryptocurrencies Price Prediction: Bitcoin & Ethereum European Wrap 20 March - FXStreet [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Ethereum (ETH) Has Door Open to $2,000 and Higher, Santiment Shares Reason - U.Today [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Bitcoin, Ethereum Technical Analysis: BTC Starts the Week Above $28000, as Global Banking Crisis Worsens Market ... - Bitcoin News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- I asked ChatGPT Ethereums price prediction after Shanghai and its response was - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- What Ethereum whales are doing ahead of Arbitrum's ARB token airdrop - FXStreet [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Bitcoin, Ethereum, Dogecoin Slide On Credit Suisse Worries - Benzinga [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Institutional Investors Shift Focus On These Altcoins, Sell off Bitcoin and Ethereum - Coinpedia Fintech News [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- 636,000 Ethereum (ETH) Worth $1.1B Lost Forever - The Crypto Basic [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- NYAG calls Ethereum a security and destroys decentralization myth - CoinGeek [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Crypto Price Today: Bitcoin holds above 28k, Ethereum and other tokens gain - CNBCTV18 [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Binance NFT Extends Zero Fees, Gas Promotion for Ethereum ... - BSC NEWS [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Divergent On-chain Trends Within Ethereum/Bitcoin Network Add to ... - Cryptonews [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Bitbuy Announces "Bitbuy Boosts" Ethereum Reward Program - Yahoo Finance [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Ethereums Shanghai Hard Fork Now Has Official Target Date - CoinDesk [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Bitcoin, Ethereum prices seesaw ahead of the Feds decision on rate hike - FXStreet [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Ethereum Price Seems Ready For Another Leg Higher Over $1,750 - NewsBTC [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Ethereum Price Prediction: Money Flows From ETH To BTC - InvestingCube [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Ethereum and the Future of the NFT Market - The Coin Republic [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Ethereum (ETH) Bulls Brace For Quick Drop As Charts Predict 10% Downswing - NewsBTC [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Top Ethereum Rival Could Be Gearing Up for Glorious Move, Says Investor Who Called 2022 Crypto Bottom - The Daily Hodl [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Bitcoin Price and Ethereum Predictions: How US FOMC Decision Could Impact the Crypto Market? - Cryptonews [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- The Potential 100X Project Uwerx (WERX) And Ethereum (ETH ... - The Crypto Basic [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Tested on Ethereum, StarkWares Zero-Knowledge Proofs Are Now Live on Bitcoin - Decrypt [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Bitcoin, Ethereum and Litecoin Are Commodities Says CFTC - Trustnodes [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- VeChain's $275 Million Reserves Include Bitcoin, Ethereum, & VET - Watcher Guru [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Ethereum (ETH) Correlation With Bitcoin at Its Monthly High, Here's Why This Is Good Trend - U.Today [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests - Cointelegraph [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Andy Warhol Artworks to Be Offered as Tokenized Investments on Ethereum - CoinDesk [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Solana (SOL) And Ethereum (ETH) Prices Show Potential, Collateral ... - Analytics Insight [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Ethereum Classic (ETC) price has a bullish catalyst in April - InvestorsObserver [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Crypto Price Alert: BlackRock Issues Stark Fed Warning After Huge Bitcoin And Ethereum Boom - Forbes [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Price Prediction Of Aptos (APT) And Ethereum (ETH), Collateral ... - Analytics Insight [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Crypto Price Today: Bitcoin below 28k, Ethereum and other tokens edge lower - CNBCTV18 [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Bitcoin, Ethereum Technical Analysis: BTC Consolidates Above ... - Bitcoin News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Solana (SOL) Surpasses Ethereum (ETH) in Monthly Active Addresses: Details - U.Today [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- zkSync Taking Spotlight on Ethereum, Here Are Latest Metrics - U.Today [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- PancakeSwap DEX Launches Version 3 on BNB Chain and Ethereum - CoinDesk [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- 3 reasons why Ethereum price can reach $3K in Q2 - Cointelegraph [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Ethereum ERC-4337 bundlers How hard is joining the network? - Cointelegraph [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Satellite orbiting Earth participates in the Ethereum KZG ceremony - Cointelegraph [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]