However, if the ETH price fails to hold above the current resistance, this would indicate a pessimistic outlook. Investors should anticipate that in such a scenario, the bearish trend would gain control and cause a correction below $1,551.<\/p>\n\n\n\n
Technically, Ethereum is under an overall uptrend but must rebound from $1,750 and exceed $1,838 to keep up the current bullish momentum.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Daily Chart Signals Further Gains Above $35K, And The ETH Bulls Eye $2K As The Next Upside Target","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-daily-chart-signals-further-gains-above-35k-and-the-eth-bulls-eye-2k-as-the-next-upside-target","to_ping":"","pinged":"","post_modified":"2023-10-29 23:30:42","post_modified_gmt":"2023-10-29 12:30:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Ethereum's (ETH) price surged 11.48% over the previous two days, breaking above the crucial barrier of $1,750. Bulls will need to hold above this $1,750 mark before investors can anticipate the upswing continuing to the next crucial key, $2,000.<\/p>\n\n\n\n
However, if the ETH price fails to hold above the current resistance, this would indicate a pessimistic outlook. Investors should anticipate that in such a scenario, the bearish trend would gain control and cause a correction below $1,551.<\/p>\n\n\n\n
Technically, Ethereum is under an overall uptrend but must rebound from $1,750 and exceed $1,838 to keep up the current bullish momentum.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis: BTC Daily Chart Signals Further Gains Above $35K, And The ETH Bulls Eye $2K As The Next Upside Target","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-daily-chart-signals-further-gains-above-35k-and-the-eth-bulls-eye-2k-as-the-next-upside-target","to_ping":"","pinged":"","post_modified":"2023-10-29 23:30:42","post_modified_gmt":"2023-10-29 12:30:42","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};