March 19, 2020

Ethereum Could Jump To $140: What Signals Tell You That?

The lateral trend now prevails in trading on Ethereum and the cryptocurrency market as a whole. Against the background of a collapse in the stock market, we can see some changes in the behavior of Bitcoin. The most popular digital currency is gradually moving away from the correlation of its exchange rate depending on traditional markets.

Experts are closely watching the price movement of Ethereum. They believe that a critical support level from Ethereum below $100 may play into the hands of the future. Some traders even speculate that Ethereum could grow over the next few weeks and trade for up to $140.

But do not discount the bearish decline that is now observed in the cryptocurrency market. ETH has been seen on a bearish depreciation of the digital currency. It is worth noting that a fall in the price of ETH can provoke a decrease in cryptocurrency, so all efforts are aimed at stabilizing Ethereum.

Ethereum holds at $ 115 as a result of changes in Bitcoin market behavior

Over the past few days, the price of the Ethereum has been steadily at $ 114. This is partly due to the market behavior of Bitcoin. After a sharp drop in prices to $ 4,600 on March 16, the most popular currency showed signs of a breakdown in correlation with traditional markets.

Analysts previously noted that Ethereum has resorted to a bearish price decline. Even though Ethereum is trying to stay above the key support at $ 115, there are signs of a possible price reduction.

Well-known cryptanalyst Johnny Mo gave his assessment of a possible bearish wave from Ethereum and its influence on crypto.

“Ethereum provokes bearish impulses. If you support bullish, this is not your option. ”

What factors can increase the course of ETH?

Well-known cryptanalyst and trader Michael van de Poppe is convinced that Ethereum has now laid the foundation for further growth. He recently mentioned this on his Twitter account:

Now there is a great opportunity to get rid of a bear pennant. If the key support is protected by the bulls, we can witness how Ethereum will enter a new growth phase shortly.


This article is intended as a news item to inform our readers of various events and developments that affect, or that might in the future affect, the value of the cryptocurrency described above. The information contained herein is not intended to provide, and it does not provide, sufficient information to form the basis for an investment decision, and you should not rely on this information for that purpose.

You may also like
March 29, 2020
Что такое криптовалюта и как на ней заработать?

Криптографические деньги, прародителем которых в 2009 году стал Биткоин (Bitcoin), для многих все еще остаются за рамками полного понимания. Действительно, это нематериальный актив, но его можно использовать для превращения в привычные фиатные средства, а также вполне реально рассчитываться за приобретение товаров и услуг. К тому же, инвестирование в криптомонеты может оказаться хорошим способом заработка при проведении трейдерских операций в онлайн-режиме. Сейчас рынок криптовалют расширяется и становится все более насыщен новыми предложениями и технологиями. Поэтому стоит более внимательно присмотреться к цифровому виду финансовых расчетных единиц. Итак, что такое криптовалюта и как на ней зарабатывать? Суть криптоденег или криптовалют иными словами Цифровая

March 28, 2020
Miners Boost Bitcoin Sales Despite Signs Of The Market Rally

Since the record drop recorded on March 11, Bitcoin has gradually stabilized and climbed out of the bottom. Until March 25, the price of Bitcoin rose from a critical low of $3,867 to $7,000. Now there is an unprecedented situation: miners during this time sold more coins than they created. This is visible thanks to moving inventory (MRI) data. This indicator was introduced specifically to monitor the volume of coin generation by miners. Although the price of Bitcoin has risen above $4,000, the situation in the cryptocurrency market has not improved. For 21 days, the index of moving inventory was

March 27, 2020
Cryptonalysts Predict Big Bitcoin Movement: When is Expected?

Amid the continued decline in financial markets due to the spread of Coronavirus, the Bitcoin exchange rate is unstable. This week, we have seen signs that Bitcoin is rising from the bottom and its price is moving forward. The current fall in Bitcoin volatility is causing a mixed reaction among analysts. The idea is spread among investors that the fluctuation of the Bitcoin volatility is not a good sign. The lull in Bitcoin movement now, may cause excessive movement in the near future. The leading cryptonalyst Anondran commented on this situation: “Now the lowest volatile BTC candle is 3.3%. Considering

Get early access

Don’t miss your chance to pre-register today and enjoy all the benefits of early adopters in the future!