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Ethereum Momentum Builds: 10% Surge Sparks ATH Hopes

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Ethereum Momentum Builds: 10% Surge Sparks ATH Hopes - NewsBTC

Quick Summary:

What a move in ETHUSD This is how the price should behave when it breaks out of the descending trend channel.#crypto #Ethereum pic.twitter.com/tepsK7grmO — Logical Trader (@logicaltra6er) November 23, 2024 Bullish Technical Signals Ethereum’s technical indicators show a strong upward trend.

With a probable second aim of $4,862 should momentum continue, this technical breakout projects ETH might soon test resistance levels near $4,189.#Altcoins #Ethereum Golden Cross Incoming 🚀#ETH has closed above the weekly Kumo Cloud: an important milestone.

This breakout could pave the way to $4,100 next! 🎯 pic.twitter.com/q0eOVgxgnU — Titan of Crypto (@Washigorira) November 25, 2024 The upside would get further boosted with an upcoming Golden Cross, in which the shorter-term moving average will cross above the longer-term one.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 19:30:01 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 79 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 23896081

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 10 posts per day

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News Last Updated: 12 hours ago

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