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: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • 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: Coinbase Confirms DOJ Investigation Following Major Security Incident

Ethereum Overwhelmingly Bullish And $145 Is Imminent, Here’s Why

Aayush Jindal
Aayush Jindal
1 year ago
2 mins read
Ethereum ETH Going To $145

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.

  • ETH price is gaining bullish momentum above the $132 resistance against the US Dollar.
  • The price is trading above $135 and it recently traded to a new 2020 high.
  • There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).
  • The pair is likely to accelerate gains above the $140 and $142 resistance levels.

Ethereum is surging above key hurdles against the US Dollar, similar to bitcoin. ETH price seems to be aiming a clear break towards the $145 and $150 resistances.

Ethereum Price Going To $145

This past week, Ethereum extended its decline to test the $125 support against the US Dollar. A strong support base formed near $125, resulting in a steady rise above the $128 resistance.

Additionally, the price surpassed the 50% Fib retracement level of the key decline from the $138 high to $125 low. It opened the doors for more gains above $130 and the 100 simple moving average (4-hours).

More importantly, there was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD. The pair is now trading nicely above the $132 and $135 resistance levels.

Besides, Ethereum climbed above the 76.4% Fib retracement level of the key decline from the $138 high to $125 low. Therefore, there are high chances of an upside continuation above the last swing high at $138.

An immediate resistance is near the $140 level. It represents the 1.236 Fib extension level of the key decline from the $138 high to $125 low.

However, the current momentum seems to be very positive, suggesting a clear follow through above the $142 resistance towards $145. Any further gains could lead the price towards the $150 and $155 resistance levels.

What Could Cause Decline in ETH?

On the other hand, if Ethereum price fails to surpass the $138 swing high, it could correct lower. The first key support is near the $132 level and the 100 simple moving average (4-hours).

If the price fails to stay above the 100 SMA, it may perhaps continue to move down towards the $128 support level in the near term. The main supports are still near $125 and $122.

Ethereum Price
Ethereum Price

The above chart indicates that Ethereum price is trading in a positive bias, with high chances of more gains towards the $142 and $145 resistance levels.

Technical Indicators

4 hours MACD – The MACD for ETH/USD is gaining strength in the bullish zone.

4 hours RSI – The RSI for ETH/USD is currently well above the 60 level.

Major Support Level – $125

Major Resistance Level – $138

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

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

Ethereum Price at Risk of Downside Break

Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow

Ethereum saw a notable decline in its price over the last week, and the weekend culmination pulled the price back...

Scott Matherson 2 hours ago

Hormuza šauruma riski pieaug – BTC Bull Token piedāvā pastiprinātu iespēju ieguldīt Bitcoin kā droša patvēruma aktīvā, pirms-pārdošanas pēdējā nedēļa.

Pieaugošas ģeopolitiskās spriedzes Tuvo Austrumu reģionā dēļ situācija saasinās pēc tam, kad Irāna piedraudējusi bloķēt Hormuza šaurumu, reaģējot uz ASV...

lasma 3 hours ago
Cardano, ADA, Charles Hoskinson

Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over?

Cardano (ADA) has been struggling to hold some crucial levels over the month, falling to multi-month lows over the weekend....

Rubmar Garcia 5 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

Która kryptowaluta ma większe szanse uczynić cię milionerem

Która kryptowaluta ma większe szanse uczynić cię milionerem: Solana czy Ethereum?

Zieliński Michał 26 minutes ago

如何使用VPN爬牆進行網上賭博 中國玩家最喜歡哪些玩法和赚取紅利!

newsbtc 58 minutes ago
Dogecoin price news

Dogecoin About To Explode? ‘Don’t Send It Too Hard,’ Analyst Warns

Jake Simmons 1 hour ago

Premium Sponsors

Press Releases

  • Meme coin tiềm năng

    Fartcoin và SPX6900 Tăng Giá Ngược Dòng: Meme Coin...

    3 minutes ago
  • ビットコイン・ブル(Bitcoin Bull)は、現在の暗号通貨市場において最も注目すべき投資機会の一つです。

    Các Đồng Coin Tiềm Năng: BTC Bull Sắp Kết Thúc...

    14 minutes ago
  • Cryptocurrencies have become the best way to invest as the...

    8 hours ago
  • Global mining has no boundaries! ETHRANSACTION supports...

    11 hours ago
  • Dogecoin Mining’s New Era: How HashJ Cloud Mining Turns...

    13 hours 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.