According to the daily price chart, ETH also failed to break the 21 EMA support near $1,934, which signals the existence of a solid bullish momentum. However, we may see a sluggish price movement until the RSi hits the 50-level (currently at 56.50).<\/p>\n\n\n\n
Technically, the price failing to break below the $1,928 support level signals ETH\/USD may break the current resistance at $2,150 and keep cruising toward the $2,300 level as the next potential upside target.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis; BTC Potential Bullish Breakout at $37.7K, ETH Potential Upside Rally From $1,928","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-has-potential-of-plotting-bullish-breakout-at-37-7k-and-the-eth-to-resume-the-upside-rally-from-1928","to_ping":"","pinged":"","post_modified":"2023-11-20 16:15:23","post_modified_gmt":"2023-11-20 05:15:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14386","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 (ETH) is currently at a crossroads in the cryptocurrency market, driven by Fidelity and BlackRock's latest Ethereum ETF filings. The price is currently hovering between critical support at $1,928 and resistance at $2,010.<\/p>\n\n\n\n
According to the daily price chart, ETH also failed to break the 21 EMA support near $1,934, which signals the existence of a solid bullish momentum. However, we may see a sluggish price movement until the RSi hits the 50-level (currently at 56.50).<\/p>\n\n\n\n
Technically, the price failing to break below the $1,928 support level signals ETH\/USD may break the current resistance at $2,150 and keep cruising toward the $2,300 level as the next potential upside target.<\/p>\n","post_title":"Bitcoin And Ethereum Technical Analysis; BTC Potential Bullish Breakout at $37.7K, ETH Potential Upside Rally From $1,928","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-technical-analysis-btc-has-potential-of-plotting-bullish-breakout-at-37-7k-and-the-eth-to-resume-the-upside-rally-from-1928","to_ping":"","pinged":"","post_modified":"2023-11-20 16:15:23","post_modified_gmt":"2023-11-20 05:15:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14386","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"};