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

Ethereum Pushes Above Vital Resistance, Could Soon Revisit $1500

anushsamal
anushsamal
2 years ago
2 mins read
Ethereum

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 bulls for Ethereum are back on the chart, the altcoin has appreciated over the last 24 hours. Bitcoin’s northbound movement has helped Ethereum gain some of its lost value. Other altcoins have also followed a similar trading pattern.

Ethereum recently touched the $1500 mark but at press time, the coin was placed slightly below the aforementioned level. In the past week, Ethereum registered close to 30% increase in its value. The new week has made market movers trade in the green.

With consistent increase in price, Ethereum left behind the $1280 resistance mark which the coin previously struggled to move past. It faced resistance at the aforementioned level a couple of times. Buying strength also returned into the market which further helped ETH to maintain its price action.

For ETH to solidify its bullish stance, its important Ethereum maintains its price above the $1500 mark. With Bitcoin moving over $22,000 and ETH touching $1500, market capitalisation also soared. The global cryptocurrency market cap today was at $1.04 Trillion after more than a month with a positive 3% change in the last 24 hours.

Ethereum Price Analysis: Four Hour Chart

Ethereum
Ethereum was priced at $1476 on the four hour chart | Source: ETHUSD on TradingView

ETH was trading at $1476 at the time of writing. It was moving very close to the $1500 mark which it touched few trading sessions ago. Overhead price ceiling was at $1500, and climbing above the same could intensify ETH’s bullish stance.

On the flipside, if Ethereum witnesses a correction, It would first fall to $1300 and then to $1100 respectively. ETH has continued to register higher highs which is a sign of a price uptrend. Amount of Ethereum traded declined which meant that buyers dominated the market.

Technical Analysis

Ethereum
Ethereum was overbought on the four hour chart | Source: ETHUSD on TradingView

ETH has recovered in terms of buying strength over the past week. Buying pressure has consistently built up and remained that way. The Relative Strength Index was over the overbought territory as buyers continued to dominate.

In the same vein, ETH’s price was above 20-SMA portraying that buyers were driving the price momentum on the four hour chart. Not only that, price of the altcoin was stationed above the 50-SMA and 200-SMA lines too, this marked bullish strength for the king of altcoins.

Related Reading | Liquidations Cross $230 Million As Ethereum Barrels Past $1,400

Ethereum
Ethereum showed increase in capital inflows on the four hour chart | Source: ETHUSD on TradingView

Growth in buying strength is often synonymous with increased capital inflows of an asset. The indicator pictured the same reading on the above chart. Chaikin Money Flow registers capital inflows and outflows. The indicator was above the half-line which meant that capital inflows were more compared to capital outflows on the four hour chart.

Awesome Oscillator marks the price direction and potential reversal too. AO displayed green histograms and that signified buyers were back as it also can be interpreted as buy signal for Ethereum. Push above the $1500 mark remains important for ETH along with buyers assistance in the market.

Related Reading | TA: Ethereum Outpaces Bitcoin, Why ETH Could Rise To $1,500

Featured image from UnSplash, chart from TradingView.com
Tweet123Share196ShareSend
anushsamal
anushsamal

anushsamal

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

From Token Chat to 10 Cents: How FUNToken’s Group-Driven Growth Is a Model for Web3 Community Building

A common question that often pops up in people’s minds is whether it is possible for a token community to...

News BTC 5 hours ago
$30B In Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early?

$30B In Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early?

Bitcoin has reached a new all-time high once again, surging to $123,200 earlier today, a move that has reignited bullish...

Sebastian Villafuerte 5 hours ago
Bitcoin

Bitcoin Price Trajectory To $155,000: Why No Major Dips Are Expected From Here

The Bitcoin price is once again commanding the spotlight as bullish momentum propels the leading cryptocurrency to new all-time highs....

Scott Matherson 7 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

Bitcoin

$122,000 And Climbing: Bitcoin Sets New Record As ETFs Drive Demand

Christian Encila 1 hour ago
Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth

Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth

Sebastian Villafuerte 2 hours ago
비트코인 12만 돌파... 99비트코인 보고서가 짚은 '2025 상승장의 핵심 동력'

비트코인 11만 돌파… 99비트코인 2분기 보고서가 짚은 ‘2025 상승장의 핵심 동력’

Soyeon Lee 5 hours ago

Premium Sponsors

Press Releases

  • 2 достъпни криптовалути с потенциал от 9000%, подобни на закупуването на Ethereum за 8 долара в началото на 2017 г.

    2 достъпни криптовалути с...

    13 minutes ago
  • 2 достъпни криптовалути с потенциал от 9000%, подобни на закупуването на Ethereum за 8 долара в началото на 2017 г.

    2 megfizethető kriptó 9000%-os potenciállal, olyan...

    1 hour ago
  • 2 cenovo dostupné kryptomeny s potenciálom 9 000 %, podobne ako kúpa Etherea za 8 dolárov začiatkom roku 2017

    2 cenovo dostupné kryptomeny s potenciálom 9 000 %...

    2 hours ago
  • 新BTCレイヤー2プロジェクト、仮想通貨プレセールで250万ドルを調達 — 今買うべき暗号資産とは?

    ...

    6 hours ago
  • BTC breaks through $122,300, GoldenMining users earn...

    6 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.