NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Analysts Highly Bullish on Ethereum (ETH) as Crypto Markets Trade Sideways

Cole Petersen
Cole Petersen
6 years ago
2 mins read
Ethereum ETH

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto markets have been able to maintain most of their recent gains and are currently experiencing a bout of sideways trading. Ethereum, which has incurred large gains over the past several days, appears to be pushing up against a level of resistance, and it is likely that Bitcoin’s next price move will set the tone for how individual cryptos, like ETH, trade in the near-future.

Although Bitcoin may be the crypto that traders are currently looking towards, analysts concur that Ethereum is setting itself up for some highly bullish price action in the near-term.

Ethereum Stable in Upper-$160 Region

At the time of writing, Ethereum is trading sideways at its current price of $166.70, and is up slightly from its daily lows of $165.

Although ETH has been closely tracking BTC, analysts are now agreeing that it may be gearing up for a large upwards price movement that is independent of Bitcoin’s price action.

CryptoKaleo, a popular cryptocurrency analyst on Twitter, shared his thoughts on Ethereum’s current price action, noting that it is currently sitting at the lower end of its latest fractal range, which is almost always followed by a large upwards price movement.

“Ethereum is sitting on the launch pad of a rocket ship in its fractal cycle. Why is no one talking about this?”

$ETH#Ethereum is sitting on the launch pad of a rocket ship in its fractal cycle. Why is no one talking about this? 🚀🌕 pic.twitter.com/rodZ1OuQUb

— K A L E O (@CryptoKaleo) April 6, 2019

If Kaleo’s analysis of ETH proves to be accurate, the cryptocurrency may soon surge back towards its all-time-highs.

Analysts Expect ETH to Make Large Upwards Swing in Near-Future

Although it may be early to start plotting Ethereum’s course back towards its all-time-highs, in the short-term analysts do concur that ETH is likely to see some decent gains.

CryptoGainz, another popular cryptocurrency analyst on Twitter, recently noted that he expects ETH to drop lower before it incurs enough buying pressure to send it surging significantly higher.

“$ETH – looking for something like this,” he concisely noted.

https://twitter.com/CryptoGainz1/status/1114654184392069121

Furthermore, Kaleo also explained that he believes Ethereum’s current bearish pennant is fake, and that it will be broken above in the near future, confirming his “extremely bullish bias.”

“In addition, I think $ETH is providing an extremely easy set up for entry. IMO this is a fake bearish pennant that’ll break up. I have an extremely bullish bias, though, so we will see,” he noted.

In addition, I think $ETH is providing an extremely easy set up for entry. IMO this is a fake bearish pennant that'll break up. I have an extremely bullish bias, though, so we will see. pic.twitter.com/2qLyguzSJf

— K A L E O (@CryptoKaleo) April 6, 2019

As the weekend wraps up and the new week begins, traders and analysts alike will possibly garner more insight into whether or not individual cryptocurrencies – like Ethereum – will be able to surge regardless of how Bitcoin trades.

Featured image from Shutterstock.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Dogecoin Megaphone Pattern Confirms Price Blowup, ‘Don’t Miss This Last Rally’—Analyst

Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on...

Scott Matherson 4 hours ago
Crypto Founder Pushes Ethereum As World Reserve Asset: A Yield-Backed Store Of Value

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’ – Details

Ethereum has finally broken above the critical $2,850 level, igniting momentum across the broader altcoin market. After weeks of sideways...

Sebastian Villafuerte 8 hours ago

Why The Solana Price Could Crash To $95 Before Reaching $200

The Solana price has fallen by a considerable amount after hitting an all-time high of almost $300 back in January...

Scott Matherson 11 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Pi Network Turns Heads With Symbolic Transfers, $20M Volume Spike

Christian Encila 1 hour ago

Web2 Habits, Web3 Rewards: How FUNToken Makes Crypto Feel Natural

News BTC 1 hour ago
Bitcoin

Bitcoin SOPR Signals More Gains Ahead Despite New ATH – Analyst

Semilore Faleti 2 hours ago

Premium Sponsors

Press Releases

  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    8 minutes ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    23 minutes ago
  • 新しい仮想通貨価格動向|話題の最新コインの成長可能性

    ...

    35 minutes ago
  • アルトコイン注目銘柄|2025年7月第2週に見るべき3銘柄

    ...

    46 minutes ago
  • ロビンフッドが1ドルから始めるETHとSOLのステーキングを開始──今注目の仮想通貨投資はこれだ?

    ...

    59 minutes ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.