The Market Periodical
  • Home
  • Markets
  • Opinion
  • Cryptocurrency
  • Blog
Contact Us

bonafides

  • Login
The Market Periodical
  • Home
  • Markets
  • Opinion
  • Cryptocurrency
  • Blog
Contact Us

bonafides

The Market Periodical

bonafides

Home News

Ethereum Analysis: Ethereum Hits A New All-Time High of $1467; ETH On Longspan Bull Rally?

Pratik Chadhokar by Pratik Chadhokar
January 28, 2021
in News
0
ETH
2k
SHARES
15.6k
VIEWS
Share on FacebookShare on Twitter
  • Ethereum showcased bull rally in the crypto market while hitting a new all-time high of $1467 after breaking from its previous year high
  • The pair of ETH/BTC is trading at 0.04261 BTC with a minor loss of -1.51% in last 24-hour time frame
Source:tradingview

Ethereum (ETH) surged to a new all-time high of $1467 after clearing its previous year high of $1432, post BTC rally. ETH is presently trading above all the major Exponential Moving Averages (EMA) of 20, 50, and 200, whereas 50-EMA is acting as a support line. The lower side’s support level is placed at $1040, and $720, which acts as a strong support level. Similarly, the resistance at the high side is situated at $1480 and $1560.

source:tradingview

Ethereum (ETH) is trading at $1395 with an intraday gain of +5.76%, after hitting its new 52-week high of $1467, while some selling pressure is observed as it slipped from higher levels. The coin projects an uptrend making higher highs and lower lows, while the overall market condition favours the alt-coins. The support on the daily chart is placed at $1370 and $1320. Meanwhile, resistance on the higher side is placed at $1480 and $1530. The volume traded is $43,442,958,536 which is up by +38.73% in intraday, meanwhile market capitalization stands at $160,895,579,751 while jumping over +6.89%. 

Related articles

XMR Price Analysis: Price actions leaves Monero nursing its wounds

Monero Price Analysis: XMR Trading below Downward Sloping Line, What’s the Bullish Plan?

June 29, 2022
AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

June 29, 2022

Relative Strength Index (Bullish) indicates a bullish momentum while trading at 61.26. However, it is currently trading near the overbought zone and is recovering from the oversold region. 

Moving Average Convergence Divergence (Bullish) currently indicates a Bullish trend on the daily chart as it gives a positive crossover with the significance of buying signal line (green) over sellers line(red). 

Support levels: $1040 and $720  

Resistance levels: $1480 and $1560 

Get this news hand-delivered to you on Telegram. Join our Telegram for similar News and Information related to CRYPTOCURRENCY, BITCOIN, BLOCKCHAIN NEWS, and Price prediction.


Share810Tweet506
Pratik Chadhokar

Pratik Chadhokar

Pratik Chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and possesses strong technical analytical skills. He is well known for his entertaining and informative analysis of the Financial markets.

Related Posts

XMR Price Analysis: Price actions leaves Monero nursing its wounds

Monero Price Analysis: XMR Trading below Downward Sloping Line, What’s the Bullish Plan?

by Nancy J. Allen
June 29, 2022
0

Monero's price is currently falling below a downward sloping line over the daily chart.The crypto asset fell below the 20,...

AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

by Antonio K Smith
June 29, 2022
0

AAVE price is declining through a falling wedge pattern over the daily price chart.AAVE crypto fell below 20, 50, 100...

Decentraland Price Analysis: MANA must Escape this Range to Soar from 2021 Lows

Decentraland Price Analysis: MANA must Escape this Range to Soar from 2021 Lows

by Ritika Sharma
June 29, 2022
0

Decentraland price is trading inside the horizontal range-bound area over the daily price chart.MANA token fell below 20, 50, 100,...

UNI Price Analysis: Tumultuous price action leads to Uniswap price falling 

UNI Price Analysis: Tumultuous price action leads to Uniswap price falling 

by Nancy J. Allen
June 29, 2022
0

•UNI/USD is currently priced at $4.92 and has decreased by 8.93% over the past day •The trading volumes have increased...

SOL Price Analysis: Solana price action leaves investors reeling 

SOL Price Analysis: Solana price action leaves investors reeling 

by Antonio K Smith
June 29, 2022
0

•SOL/USD is currently priced at $34.22 and has decreased by 12.58% over the past day  •The trading volumes have increased...

Load More
  • Trending
  • Comments
  • Latest
charged-particle-backdrop

Charged Particles Helps in Making the Future of Nextgen NFTs

May 13, 2021
Powerledger

Powerledger is revolutionizing the world of energy

January 31, 2022
ETH

Ethereum Analysis: Ethereum Hits A New All-Time High of $1467; ETH On Longspan Bull Rally?

January 28, 2021
Tron Price Analysis: The Tron Voin Showcased an Attempt To Break Out From The $0.083 Mark

TRON (TRX) Analysis: Is TRON going to continue its Bullish Rally?

October 30, 2021
XMR Price Analysis: Price actions leaves Monero nursing its wounds

Monero Price Analysis: XMR Trading below Downward Sloping Line, What’s the Bullish Plan?

0
Bitfinex

Bitfinex Lets Users Earn on their Bitcoin with Celsius

0
Binance Burned the Highest Number of BNB Tokens Till Day Worth $68 Million

Binance Burned the Highest Number of BNB Tokens Till Day Worth $68 Million

0
Cryptocurrency

U.S. Congress Members Have Introduced 40 Bills on the Subject of Cryptocurrencies

0
XMR Price Analysis: Price actions leaves Monero nursing its wounds

Monero Price Analysis: XMR Trading below Downward Sloping Line, What’s the Bullish Plan?

June 29, 2022
AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

AAVE Price Analysis: Wait for this Signal if you are Bullish over AAVE!

June 29, 2022
Decentraland Price Analysis: MANA must Escape this Range to Soar from 2021 Lows

Decentraland Price Analysis: MANA must Escape this Range to Soar from 2021 Lows

June 29, 2022
UNI Price Analysis: Tumultuous price action leads to Uniswap price falling 

UNI Price Analysis: Tumultuous price action leads to Uniswap price falling 

June 29, 2022
  • Home
  • Contact Us
  • SUBMIT PR

© 2022 The Market Periodical

 
No Result
View All Result
  • Home
  • Markets
  • Opinion
  • Cryptocurrency
  • Blog
  • Contact Us

© 2018 JNews by Jegtheme.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?