Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum is gearing up for an uptrend, with these bullish indicators signaling a potential upside.
ETHEREUM NEWS

Ethereum is gearing up for an uptrend, with these bullish indicators signaling a potential upside.

By Crypto FlexsJuly 16, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum is gearing up for an uptrend, with these bullish indicators signaling a potential upside.
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is currently showing signs of a potential uptrend as major indicators turn bullish. This positive momentum market Buying pressure is increasing optimism about the short-term prospects of digital assets.

In this article, as ETH continues to spur significant upside, we take a closer look at the key indicators that indicate this upside potential and discuss what this could mean for Ethereum’s price path.

Technical indicators: Key signals pointing to an uptrend

Currently showing bullish momentum on the 4-hour chart, the ETH price is attempting to move towards the 100-day simple moving average (SMA) and the 4-hour bearish trend line. The digital asset has been able to maintain bullish sentiment since breaking $3,051. As a result of this price stability, Ethereum could start a potential rally towards the $3,360 resistance level.

Source: ETHUSDT on Tradingview.com

Additionally, the formation of the 4-hour Relative Strength Index (RSI) suggests that the ETH price may start a bullish move towards the $3,360 resistance level. This is because the signal line of the RSI indicator has maintained a bullish sentiment above 50% and is currently rising towards the overheated buying zone.

On the 1-day chart ETH Price As it is still trading below the 100-day SMA and the downtrend line, it looks like the cryptocurrency is attempting a bullish move towards the $3,360 resistance level.

Ethereum
Source: ETHUSDT on Tradingview.com

After breaking above $3,051, Ethereum showed bullish resilience and maintained its pace above this level. With this recent bullish momentum, if ETH can break both the bearish trend line and the 1-day SMA, the digital asset could potentially start a bullish rally.

Finally, if we look closely at the formation of the 1-day RSI on the 1-day chart, we can see that ETH can sustain a bullish rally above the 1-day SMA and the downtrend line towards the resistance level of $3,360. This is because the indicator’s signal line is heading towards the 50% level, out of the overheated sell zone.

Evaluating Ethereum’s Upside Potential

If the Ethereum If it starts rallying towards the $3,360 resistance level and closes above it, it could continue to rise to challenge the $3,659 resistance level. If this level breaks, the digital asset could head further up towards the $3,975 resistance level and possibly other levels above it.

However, if ETH experiences a pullback from $3,360, it will start to decline towards the support level of $3,051. Additionally, the crypto asset may further decline in price to challenge the support target of $2,865, and if this level is broken, it may also challenge other levels below it.

The price of ETH is currently trading at around $3,156 and is up 2.73% over the past day, giving it a market cap of over $379 billion and a trading volume of over $11 billion at the time of writing. The market cap has increased by 2.77% over the past 24 hours and the trading volume has decreased by 27.64%.

Ethereum
ETH is trading at $3,154 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, charts from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025

Ether Lee’s fusaka upgrade promises 60 million gas limit boosts.

September 28, 2025

Ether Leeum World Fair Announcement

September 24, 2025
Add A Comment

Comments are closed.

Recent Posts

Easily Earn $5588+ In Passive Income Every Day With PlanMining Cloud Mining

October 3, 2025

The reason why hyper clicade wins aster with Perp DEX, which can be most invested.

October 3, 2025

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025

Eightco Holdings Inc. ($ORBS) Expands Investor Access With Options Trading

October 2, 2025

How To Use A Bitcoin Heatmap For Smarter Trading Decisions

October 2, 2025

Pioneer the future of digital innovation throughout Web2 and Web3

October 2, 2025

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

October 2, 2025

Ethereum Future is an execution of stablecoins and tokenized assets -then you need to know:

October 2, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

Korean Billion-Dollar Megafranchise Goes Onchain With Story

October 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Easily Earn $5588+ In Passive Income Every Day With PlanMining Cloud Mining

October 3, 2025

The reason why hyper clicade wins aster with Perp DEX, which can be most invested.

October 3, 2025

Psy Protocol Testnet Combines Internet Scale And Speed With Bitcoin-Level Security

October 2, 2025
Most Popular

NVIDIA’s cuOpt revolutionizes linear programming with GPU acceleration.

October 9, 2024

HKMA warns of fraudulent ICBC (Asia) website and banking screens

December 14, 2024

Tether (USDT) has a market capitalization of $96 billion after achieving record net profit in the fourth quarter of 2023.

February 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.