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❕NEWS Is Ethereum (ETH) Giving A New Rally Signal?

aryan4

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According to the technical analysis of NewsBTC's Aayush Jindal:
ETH experienced a correction against the US Dollar after the price surged as high as $ 1,438.
The price is consolidating above the $ 1,320 support level and the 100 simple moving average (4-hours).
There is a key bullish trend line formed with support near $ 1,295 on the 4-hour chart of ETH / USD (based on Kraken data).
The pair is likely to further accelerate its uptrend after breaking the $ 1,400 and $ 1,430 resistance levels.
What do you think of this prediction?
 
We hope that it does ,how it has many obstacles in it's way . Ethereum need to work on it's network and reduce gas fee and time of stamp
 
With the bullish trend line formed and the correction stage past, it might begin to experience the growth of momentum that will see the price surging upwards. Let's wait and see what happens.
It looked great, especially in the last days. However, the decline in the Bitcoin price and the serious selling pressure that occurred affected the ETH coin. Now around $ 2210, let's see if it can get stronger.
 
According to the technical analysis of NewsBTC's Aayush Jindal:
ETH experienced a correction against the US Dollar after the price surged as high as $ 1,438.
The price is consolidating above the $ 1,320 support level and the 100 simple moving average (4-hours).
There is a key bullish trend line formed with support near $ 1,295 on the 4-hour chart of ETH / USD (based on Kraken data).
The pair is likely to further accelerate its uptrend after breaking the $ 1,400 and $ 1,430 resistance levels.
What do you think of this prediction?
Of course I think as it out performing btc as its price increased nine percent more as of tomorrow. I think world's 2nd largest crypto giving us the rally signal.
 
I really think for now ethereum is actually not giving that rally and increase in price ,over time it's still bearish ,my wish is that more bullish would come on that would boost the price of ethereum ,but with the look of things that dont seem to be happening for now ,well let's see how things would play out too
 
I'm still very much positive with Ethereum. The previous bull market livened up Ethereum, and I see it remaining at number 2. With so many projects in the network, as well as Defi and NFT still strong, Ethereum will stay great.
 
I'm still very much positive with Ethereum. The previous bull market livened up Ethereum, and I see it remaining at number 2. With so many projects in the network, as well as Defi and NFT still strong, Ethereum will stay great.
I am also more positive , the coin might be hindered because of a lot of factors and others , but I believe that things would definitely change , and I think one of the hinderance is the huge transaction fee , hope this have a great solution
 
I am also more positive , the coin might be hindered because of a lot of factors and others , but I believe that things would definitely change , and I think one of the hinderance is the huge transaction fee , hope this have a great solution
in the short and medium term there will surely be many obstacles and bearish moments, etc., but I think that Ethereum is a winner in the long term, it is a currency that is doing things well and will do them better, I think when it finishes its complete Ethereum 2.0 roadmap.
 
I am also more positive , the coin might be hindered because of a lot of factors and others , but I believe that things would definitely change , and I think one of the hinderance is the huge transaction fee , hope this have a great solution
Huge gas fees is very painful. I hope Ethereum 2.0 takes its effect, and it will help in lowering gas fees.
in the short and medium term there will surely be many obstacles and bearish moments, etc., but I think that Ethereum is a winner in the long term, it is a currency that is doing things well and will do them better, I think when it finishes its complete Ethereum 2.0 roadmap.
That's what I'm thinking too. I believe Ethereum will reach a new high in the future, and maintain its stature as the number 2 biggest crypto and network.
 
I think that it's important to keep an eye on the technical analysis of cryptocurrency like Ethereum. The prediction made by Aayush Jindal about a potential uptrend in the near future is certainly interesting and worth watching. However, it's important to keep in mind that cryptocurrency markets can be highly volatile and unpredictable, so it's always important to do your own research and invest with caution.
Most times its actually best to really do your own prediction ,there are really other prediction that might be confusing and if the person actually don't make research and others, the person would be making more loss off it I think
 
I completely agree, doing your own research and analysis is key when it comes to making investment decisions in the cryptocurrency market. It's important to have a clear understanding of the coin you're interested in and not solely rely on predictions made by others, as it can lead to missed opportunities or even losses.
All of this social media platform prediction could be worse ,when you do your own predictions yourself ,I believe that you woul certainly know how to invest , most social media prediction are most times predicted by non professional
 

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