• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Free SpinsTry
No Result
View All Result
Breaking News: Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Free SpinsTry
No Result
View All Result
NewsBTC
No Result
View All Result
Breaking News: Dogecoin Surges 6% After Elon Musk Unveils Crypto Payment Master Plan

Ethereum Just Tapped $1,000 Amid Colossal 30% Rally

Nick Chong by Nick Chong
2 years ago
in ETH
Reading Time: 1 min read
Advertisement

Ethereum has shot higher over the past 24 hours as Bitcoin has tried to consolidate after a 10% New Year’s Day rally. ETH is now up around 30% in the past 24 hours, pushing to $985 per coin after many days of consolidation.

Ethereum traded as high as $1,005 minutes ago. ETH has pulled back slightly as it has seemingly encountered strong selling pressure at that key technical resistance.

The cryptocurrency is now strongly outperforming BTC. Where ETH is up around 28% in the past 24 hours, Bitcoin has only gained approximately 3%.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

This trend is expected to continue as attention once again lands on altcoins.

Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment

Ethereum Just Tapped $1,000 

While Ethereum is encountering some initial resistance at $1,000, there may be clear skies for the cryptocurrency above that key level.

One crypto-asset trader recently shared the tweet below. He claims that per the order book data, there is little selling pressure for Ethereum above $1,000.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?

Should this data be accurate, that means that any strong move above $1,000 is likely to trigger a large leg higher.

There are fat sell walls for $ETH around $1000.

Above that, there's nothing anymore. pic.twitter.com/h3HxqwqzZL

— Byzantine General (@ByzGeneral) January 3, 2021

Ethereum is expected to see some resistance in the $1,200-1,300 region, which is just shy of the all-time high for ETH’s price of $1,450.

Analysts are optimistic that this bullish price action in ETH will eventually trickle down to the rest of the altcoin market.

Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Unsplash
Chart from TradingView.com
Price Tags: ethusd, ethbtc
Ethereum Taps $1,000 Amid Massive 30% Rally
Tags: ETHethbtcethusd
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Related Posts

Ethereum Price

Ethereum Price Holds Key Support and Eyes Fresh Move To $1,700

8 hours ago
Ethereum Price

Ethereum Price Looks Ready For Another Leg Higher Over $1,700

3 days ago
Ethereum Price

Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides

4 days ago
Bitcoin and Ethereum

Bitcoin and Ethereum Whale Activities Plummet – Are Whales Getting Bored?

5 days ago
Ethereum (ETH)

Ethereum Price Could Take-off If It Clears This Key Resistance Zone

5 days ago
ethereum

Ethereum Reaches Critical Inflection Point Against Bitcoin: What Happens Next?

6 days ago

Premium Partners

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Metaspins

Metaspins

Review · Visit
Trust Dice

Trust Dice

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
Coinplay

Coinplay

Review · Visit
mBit

mBit

Review · Visit
Vave

Vave

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
Coinplay

Coinplay

Review · Visit

Investors in Cardano (ADA) And Solana (SOL) Are More Interested In Flasko (FLSK) Presale

February 6, 2023

QIE Wallet & Web 3 Banking – The Entry Point to QI Ecosystem

February 6, 2023

Why Orbeon Protocol (ORBN) Is the Next Big Opportunity for Bitcoin (BTC) and Ethereum (ETH) Investors

February 6, 2023

The Best Online Brokers Recommend Snowfall Protocol (SNW), EOS (EOS), and Ethereum (ETH)

February 6, 2023

Ripple (XRP) and Cardano (ADA) Stall While Snowfall Protocol (SNW) Dominates The Crypto Market

February 6, 2023

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.

Links

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play Games
  • Play Casino Games
  • Free Spins

© 2022 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.