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Are Ethereum (ETH) Bulls Exhausted for Rallying Beyond $1,600?
Ethereum is The second largest digital asset by market capitalization and is undisputed king of blockchain smart contracts. With over 52,606,127 holders, Ethereum’s (ETH) price has rallied over 28 percent in the last 14 days to trade around $1,568.46 on Tuesday.
The resistance trend line has become a support level as a result of the price recovery in Ether. The theory is also reiterated by the 200W MA and last week’s closing candle that indicates bulls are in control. Institutional investors and developers looking to create safe and scalable Web3 projects continue to show interest to Ethereum.
According to on-chain data given by tokenview, the large transaction count of over 1,843,304,923 is proof of this boom of Ethereum in 2023. The Shanghai upgrade, which will permit withdrawals of staked Ethers on the beacon chain, may cause a considerable fall in the figure, though.
Ethereum merger may offer more confidence to the validators to stake more tokens on the protocol thus ETH price prediction could end the trade for 2023 with a potential high of $1866.79 as per coinpedia.
He doesn't know where to put it either. I don't think he did it anyway. Maybe his cat.
Yes.....That is my "specialty" (ha !.....simplicity)_.....
Gotta keep things super-SIMPLE 'round here.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170955727
So that's a "useless graph" huh......(one which produced a 30 % 12 day return) ?
Simple line that took a whole 10 seconds to draw, am I missing something. Useless graph. Sorry.
It's almost at 1,600 now : https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170865005
Which'd be 30 % higher than the 1,200
PS : I've no idea what you're referring to here ;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170955650
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Up 34 cents today? Is that what that little hook at the end of the chart means? Neat trick predicting that. I would never have guessed.
I don’t see any TA in that chart. Almost everything that matters is not there.
I think the recent push in BTC was Elon building back a position. DOGE is being controlled by algos but being accumulating at the same time. SHIB accumulation is up and I think will have a breakout in January. Ethereum staking headed to new highs which is going to limit the amount of the amount of ETH until users can withdrawn / trade with ETH March / April time. GALA looks promising as well. But this all has to do with Twitter coin and Elon buying up crypto for Twitter coin IMHO
yes ill get in, but much lower
Eth gonna get smoked with the rest. Prepare for it, or just be in denial and blame everybody when it crumbles. Sure it won’t go away, but crypto winter is coming.
Ethereum is in the best position out of all the cryptos, IMO. It's not just a one-trick pony coin like Bitcoin, but a smart contract platform with endless possibilities with tons of support behind it.
Glad I got in early back in 2017 so let's see what the future brings...
$ETH.X
Tether, ether, and crypto is the next pyramid to crash after Ftx.
All the women running around going to lunch and shopping all day pumping the pyramid to others to get their 5% sign on will be getting 5% of nothing in USDT
Retest of 1200? Yeah probably later this mionth.
Yep - Down thru the line (as drawn) . . . . BOOM !.........just like that !
So it's been a Fundamental failure to predict future price action.
But a Technically excellent prediction.
Here it was shown to be right on the line
Sure enuf, within hours it has sunken through.......
A good chartist understands what needs to be watched
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Swing and another miss for charts, OUCH!! Those 160's looking sweeeeeeeeeeeeet!!
YEP, Charts claimed drop to 1200 for ETH, looking at 1253.00!!! WHOOPS!! OUCH!
Swing and another miss per charts, OUCH!!
Or better yet.....(just to make things more obvious)....
Gotta keep this stuff just like REAL super simple or else, virftually NO ONE will "get it")
LOOK :
BOOM !
There..........
See ?
That's HOW T.A. works !......
Okay ?.........
EVEN in the Crypto World.......
ESPECIALLY in the Crypto World !
OBVIOUSLY
CLEARLY
AND AS A MATTER OF FACTLY......
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Yeah / No / I mean like / Etherium eh ?
Wassup ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170853923
ETH before that spike ;
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O'contraire mon amigo for I just called it quite well again
Check out that chart again - It's at 1250 now
If you've got something that's better then why don't you share it ?
Like, perhaps try ringing something to the table ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170853769
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With the 1200 Level here being just one of them.....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170834034
1., 2., 3.
With the 1200 Level here being just one of them.....
15 days
Nore : This is how "Technical Analysis" FUNCTIONS !
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Pumps and dumps of an intrinsically worthless kleptocurrency scam.
Well USDT is surely a classic ponzi don’t know about P&D here yet.
Classic pump-and-dump.
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