What a week it was for cryptocurrencies! If you are an avid reader of CryptoTicker’s price predictions, you are definitely in the greens in your trades. Prior to this current crypto market boom, we predicted how prices were bound for a breakout higher. Targets 1 and 2 were successfully reached, and now we are aiming for the third take-profit level. Can we see an Ether 3K price soon? Should you buy Ethereum today?
It’s about TIME to have an Ether 3K!
After the recent crypto market crash, Ether prices entered an extended consolidation that was delimited by the USD 1,800 and the USD 2,300 price areas. Some people are still not interested much in this current uptrend, but technical prices prove them wrong. In fact, prices broke out from the resistance area of USD 2,300, and today’s Ether price stands around USD 2,450. If prices stay above this resistance area, we can expect higher prices in the coming week.
Ethereum Price Prediction – Can ETHER reach USD 3,000?
Looking at the current technical price of Ether, one cannot but expect a further increase in prices. This comes in tandem with a positive outlook in the entire cryptocurrency market. Bitcoin and other Top 10 cryptocurrencies managed to increase by more than 20% in market capitalization. For Ethereum, prices are currently up by 12% in the past week. There’s no excuse as to why the world’s biggest smart-contract blockchain won’t increase also in prices similarly. Ethereum today hosts many Dapps that rely on smart-contract features.
Since prices are currently above the previous resistance of USD 2,300, prices are expected to continue higher to reach the psychological price of USD 3,000. Usually, whales are the only players that stand in the way of such events happening. They might interfere around USD 2,800, as previously this same area represented a strong consolidation level. That’s why a sensible take-profit would be around that very same area.
The Crypto market at a Glance
In the past 24 hours, most cryptocurrencies closed higher as the upwards momentum is still going strong. NEO, ThorChain, and Qtum are the top gainers across all cryptocurrencies, with gains of 28%, 17%, and 16% respectively. The top 10 cryptos also showed strong price increases, averaging 5%. For the cryptocurrency market though, this is a normal day 😉
1- Bitcoin (BTC) : + 5.8 %
2- Ether (ETH) : + 4.6 %
3- Tether (USDT) : 0 %
4- Binance Coin (BNB): + 6.0 %
5- Cardano (ADA) : + 2.5 %
6- Ripple (XRP) : + 1.4 %
7- USD Coin (USDC) : + 0 %
8- Dogecoin (DOGE) : + 2.6 %
9- Polkadot (DOT): + 7.8 %
10- Binance USD (BUSD) : + 0 %
Stay Ahead, Stay Updated
Rudy Fares
Recommended posts
-
Shiba Inu Price Prediction: How High can SHIB Price reach by 2030? -
Ethereum Price Prediction – ETHER is BOOMING! Jump on Board NOW? -
Ethereum Price is RISKY! If THIS happens, $ETH will Drop to $1,800
-
PEPE Coin Price to Reach $5 in the Next Seven Days? - Ethereum Price Prediction – LAST CALL to Buy Ether at 3k?
-
Ethereum price is nearing a PIVOTAL area…Will it make it? -
Ethereum Price Prediction – Price Target $3,000 Reached! Will $ETH Adjust lower now?
-
Ethereum Price Prediction – ETH hits Critical Support, Buy Now? - Ethereum Price Prediction – Ether nears 2K, Should you BUY?
- Ethereum Price ABOVE 3K! Should you BUY ETH? Not now, here’s when
- Ethereum Price Crash below 3K – THIS is where Ether price is heading towards
- Ethereum is on the Verge of a MASSIVE Breakout…Here’s Why
- TA that predicted Bitcoin Price to consolidate is showing signs of STRENGTH ahead, BUT…
-
Is Ethereum worth buying after the crash? Yes, here’s why!
-
Media is STILL reporting about the Crypto Crash, while Cryptos UP 10%? -
Bitcoin Price Prediction – THIS is why BTC price will reach 40K soon
- Ethereum Price might SKYROCKET if THIS Happens…Here’s Why
- Ethereum Price is about to EXPLODE and THIS is Why…$ETH
-
Ethereum Price is RISKY! What happens next should NOT shock you
You might also like
More from Ethereum
Ethereum Staking Surges Amid DeFi Asset Decline: A Deep Dive
Ethereum's staking is booming, but the value of DeFi assets is dropping consistently. Dive into the factors causing this shift, …
Ethereum Price Forecast Amidst Crypto Turmoil: Is $1,000 on the Horizon?
Ethereum price prediction: ETH dipped by 4.5% within the past 24 hours to sit at $1,600. Is the next stop …
Ethereum Price Prediction: Will ETH FINALLY Breach $2,000 for GOOD?
Ether prices took a hit. Was it day traders taking their profits? Let’s explore the trajectory of Ethereum in this …
