Ethereum Barrels Past $1,700 – Next Target: $2,000

2022-7-29 17:10

Ethereum (ETH) price overshoots above $1,700 hinting a bullish momentum. And everyone was blown away.

James Seyffart, Bloomberg Intelligence research analyst, was impressed: “Ethereum just flew right through resistance there.” 

Bitcoin, Ethereum, and other cryptocurrencies have soared following the Fed interest rate hike of 0.75%. It was indeed an optimistic kind of domino effect for the crypto space.

Can ETH Stay Above $1,700?

Now, that ETH was able to do the inconceivable, all that’s left for ETH to do is to maintain that momentum and do everything in its power to stay above the $1,700 line.

More so, Nasdaq Composite stocks were also up by 2.67% on Thursday despite the U.S. economic slump revealed in the GDP report. This is regarded to be Nasdaq’s recent all-time high since April 2020.

In addition, this is considered the biggest Nasdaq rate hike since December 16, 2008, wherein Ben Bernanke, Fed’s ex-chairman shaved off the interest to almost zero in the middle of a global financial crisis.

Ethereum is set to showcase a bull run in line with the merge event happening in September. ETH price shows a forking movement sliced between the two impulse waves which may result in some problems with holding ETH.

A possible retracement towards the $1,270 level remains a possibility. A breach on the $1,250 level can invalidate this recent rally.

The weekly forecast on ETH price is validated as the second largest crypto made it through the 1.5-1 trading setup.

Target Zone Hit July 28, Next Target: $2,000

Analysts have let in a couple of perspectives on July 22 regarding ETH’s potential knife catch or v-shape retracement and liquidation.  The knife catch may occur at the $1,300-$1,350 level or target the $1,900 zone after the decline.

Invalidation of an upswing has been moved to $1,250 to create some space for adjustments and accuracy. In fact, analysts and experts recommend waiting for a breach that offshoots $1,460 to gain more confidence in trading ETH. And that happened recently.

The first target zone was punched through on July 28. Traders who went with the big moves of ETH are currently gaining strides in profitability with the coin. ETH price was able to successfully validate its bull run as it swishes towards $1,900 in the short term.

ETH may probably hit the $2,000 level and all it needs to do is stay afloat and hover above $1,700. The 2,000 level is the next potential target, with a resistance zone set at $2,158.

ETH total market cap at $384 billion on the daily chart | Source: TradingView.com Featured image from TIME, chart from TradingView.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2906.76 (+0.04%)
Объем 24H $11.306b
Изменеия 24h: -4.00 %, 7d: -7.71 %
Cегодня L: $2889.42 - H: $2932.98
Капитализация $349.129b Rank 2
Цена в час новости $ 1723.96 (68.61%)

ethereum 700 intelligence research bloomberg james analyst

Источник: newsbtc.com

ethereum 700 → Результатов: 126


Годовой тренд цен на Ethereum предполагает, что впереди бурный рост

Хотя цена Bitcoin смогла набрать импульс на прошлой неделе, поднявшись выше 19 000 долларов, затем преодолев рубеж 23 тысячи долларов, Ethereum еще не преодолел критический уровень в 700 долларов.

2020-12-18 12:24


Фото:

Ethereum Could Target $700 Next If Bulls Break This Crucial Resistance

Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […]

2020-12-3 23:00


В сети Ethereum Classic состоялся хардфорк Thanos

В субботу, 28 ноября, в сети Ethereum Classic состоялся запланированный хардфорк Thanos. Его цель - повысить безопасность этой криптовалюты после серии недавних атак 51%. Обновление активировано на блоке #11 700 000 в 19:48:41 UTC.

2020-11-29 13:05


Фото:

В сети Ethereum Classic пройдет хардфорк

Разработчики Ethereum Classic (ETC) анонсировали проведение хардфорка под названием Thanos. Он состоится 29 ноября на блоке #11 700 000 и призван повысить безопасность сети после серии недавних атак 51%.

2020-11-24 10:00


В сети Ethereum Classic состоится хардфорк Thanos

Разработчики Ethereum Classic (ETC) анонсировали проведение хардфорка под названием Thanos. Он состоится 29 ноября на блоке #11 700 000 и призван повысить безопасность сети после серии недавних атак 51%.

2020-11-24 21:13


Фото:

На депозитном контракте Ethereum 2.0 заблокировано более половины необходимых для стейкинга ETH

Количество ETH на депозитном контракте Ethereum 2.0 за эти выходные заметно увеличилось. Сейчас в контракте заблокировано 293 700 ETH – более половины монет, необходимых для запуска стейкинга.

2020-11-24 11:28


Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700

Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […]

2020-11-19 23:00


Гигaнт Уoлл-cтpит coбpaл кpиптoпopтфeль нa $75 млн

Topгoвaя фиpмa c Уoлл-cтpит нeзaмeтнo cкупaeт шecть цифpoвыx aктивoв c нeбoльшoй кaпитaлизaциeй для coздaния кpиптoпopтфeля cтoимocтью $ 75 млн. Иccлeдoвaтeль Messari Meйcoн Hиcтpoм oбнapужил, чтo тopгoвaя фиpмa Jump Trading, cпeциaлизиpующaяcя нa aлгopитмичecкиx и выcoкoчacтoтныx cдeлкax c 700 coтpудникaми пo вceму миpу, нe aфишиpуя, нaкaпливaeт шecть кpиптoвaлют нa ocнoвe Ethereum.

2020-11-9 08:20


Фото:

$700: Analysts Expect Ethereum to See a Massive Surge as ETH 2.0 Rollout Nears

Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside could be imminent for the market, and ETH could see some serious […]

2020-10-17 23:00


Виталик Бутерин раскрыл цену продажи своих запасов Ethereum

Сооснователь Ethereum Виталик Бутерин продал свои запасы ETH, когда курс криптовалюты находился на уровне $700. Об этом он рассказал в ходе дискуссии в Twitter. Сторонник биткоина под псевдонимом American.

2020-8-19 10:00


Фото:

Ethereum прыгнул выше $300, а Bitcoin дотянулся до $9 700

Прошедшие сутки оказались успешными для многих топовых активов и, в... Сообщение Ethereum прыгнул выше $300, а Bitcoin дотянулся до $9 700 появились сначала на ПрофитГид: рейтинг ICO, блокчейн, биржи и курсы криптовалют.

2020-7-26 10:53


За последний год транзакции в сети Ethereum подорожали более чем на 700%

Несмотря на рост стоимости транзакций, в последний месяц Ethereum показывает отличные результаты — с конца июня альткоин подорожал более чем на 16%.

2020-7-25 15:33


Santiment: «Ethereum-киты» готовятся к пампу монеты

За последние три дня на торговые площадки было переведено более 700 000 Ethereum. Стоимость этих монет по текущему курсу составляет более $182 млн. Криптовалюту на биржи отправили инвесторы, которые входят в число топ-100 самых крупных держателей альткоина.

2020-7-23 12:24


Фото:

Messari: объем переданной через биткоин стоимости превысил $700 млрд в 2020 году

Совокупная стоимость, переданная посредством биткоина, Ethereum и стейблкоинов, в 2020 году превысит $1,3 трлн. Этим прогнозом поделился исследователь Messari Райан Уоткинс. На диаграмме ниже видно, что в 2019 году объем переданной посредством Ethereum-стейблкоинов стоимости составил $146 млрд.

2020-7-23 17:09


Telos is the first EOSIO blockchain to implement Ethereum Virtual Machine

Telos, a blockchain network based on the EOSIO software ecosystem, today announced the launch of Telos EVM, the first deployment of an Ethereum Virtual Machine on an EOSIO blockchain. With the launch of Telos EVM now in testnet, developers can now use Solidity to run smart contracts on a platform that is more than 700 […] CryptoNinjas: Telos is the first EOSIO blockchain to implement Ethereum Virtual Machine

2020-6-20 21:36


Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more...

2020-5-17 07:00


Майкл Андерсон: LINK может сместить Ethereum со второго места по капитализации

Сооснователь Framework Venture Майкл Андерсон заявил, что в мае цена токена LINK может вырасти на 700% и преодолеть $25, сместив Ethereum со второго места по капитализации. Об этом сообщает Cointelegraph.

2020-4-30 11:45


Фото:

Венчурный инвестор назвал криптовалюту, которая может сместить Ethereum со второго места

Сооснователь Framework Venture Майкл Андерсон заявил, что в мае цена токена LINK может вырасти на 700% и преодолеть $25, сместив Ethereum со второго места по капитализации. Об этом сообщает Cointelegraph.

2020-4-30 22:31


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum To See Fresh Move Soon? What Futures Data Says

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake post, the ETH Open Interest has followed a similar trajectory as the price of the cryptocurrency recently.

Ethereum Fees Now Lowest Since January: Is It A Bottom Signal?

On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm Santiment, Ethereum transaction fees have taken a notable hit recently.

These Are The Ethereum Altcoins Witnessing High Whale Interest

Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently.

Ethereum Breaks $2,900, But Watch Out For Futures Overheating

Ethereum has broken beyond the $2,900 level during the past day, but data shows the futures market may be starting to become overheated. Ethereum Has Now Broken Through The $2,900 Level While Bitcoin has slumped to an overall sideways trajectory recently, Ethereum appears to have decided to pick a path of its own, as the second largest asset in the sector has surged almost 4% over the past 24 hours.

Recovery Dim? Ethereum Faces Potential Slide Towards $2,000

Ethereum, the linchpin of the decentralized application ecosystem, finds itself navigating a precarious path this week. The cryptocurrency’s value, having breached the pivotal $2,250 support level, now teeters on the edge of a decisive crossroads, caught between the prospect of a resurgence and the looming threat of a more pronounced downturn.

Buy Low, Sell High? Bitcoin Wobbles As ETF Fever Cool Downs

In a week etched in crypto history, the long-awaited arrival of Bitcoin ETFs in the US sent shockwaves through the market. Yet, despite the monumental achievement, the king of crypto, Bitcoin, took a step back on Saturday, dipping 6% to end the week barely above $43,000.