Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
Home»EXCHANGE NEWS»Ethereum lags behind Bitcoin, but bullish momentum turns bullish
EXCHANGE NEWS

Ethereum lags behind Bitcoin, but bullish momentum turns bullish

By Crypto FlexsSeptember 19, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum lags behind Bitcoin, but bullish momentum turns bullish
Share
Facebook Twitter LinkedIn Pinterest Email

This article is also available in Spanish.

Ethereum price started a new uptrend above the $2,335 resistance level. ETH is now targeting further upside above the $2,420 resistance level.

  • Ethereum started to rise again from the $2,280 resistance level.
  • The price is trading above $2,350 and the 100 hourly simple moving average.
  • On the ETH/USD hourly chart based on data provided by Kraken, there is a support line forming at $2,310, with a major bullish trend line forming.
  • The pair needs to break the resistance level of $2,420 to continue its uptrend in the short term.

Ethereum Price Rise Target

Ethereum price formed a base near $2,280 and started a new uptrend like Bitcoin. ETH was able to break through the resistance levels of $2,320 and $2,350.

BTC is up more than 5%, but ETH is struggling to match the strength. It broke the 76.4% Fibonacci correction level of the downtrend from the $2,392 swing high to the $2,277 low. It even traded above the $2,392 high and is now showing positive signs.

The Ethereum price is currently trading above $2,350 and the 100-hourly simple moving average. There is also a major bullish trend line forming with support at $2,310 on the hourly chart of ETH/USD.

On the upside, the price seems to be facing a hurdle near the $2,420 level. It is near the 1.236 Fibonacci extension level of the downtrend from the $2,392 swing high to the $2,277 low. The first major resistance level is near the $2,450 level. The next major resistance level is near the $2,550 level.

Source: ETHUSD on TradingView.com

A break above the $2,550 resistance level could generate more gains. In that case, Ether could rally to the $2,650 resistance level in the short term. The next hurdle is at the $2,720 level or near $2,750.

Is the price drop supported in ETH?

If Ethereum fails to break the $2,420 resistance, it could start another downtrend in the short term. The initial support for the downtrend is near $2,365. The first major support is near the $2,310 area and the trendline area.

A clear move below the $2,310 support level could see the price rise to $2,280. Further losses could see the price rise to the $2,220 support level in the short term. The next major support level is $2,150.

Technical indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in a bullish zone.

Hourly RSI – The RSI for ETH/USD is currently above the 50 zone.

Key Support Level – $2,310

Key Resistance Level – $2,420

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Leeum price rises

July 23, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Dogecoin (DOGE) struggles to get up in higher floKi rocket rockets.

July 17, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Bybit And Tether Launch Strategic Partnership To Accelerate Crypto Adoption In Brazil

July 25, 2025

Remittix Presale Raises $17M After Revealing Next-Gen Web3 Wallet Beta Launch Date

July 25, 2025

Pioneering Real-World Asset Tokenization In The U.S. Market

July 25, 2025

How to travel to the world with encryption wallet?

July 25, 2025

LFG… Launches AI Alpha Pilot For Meme-Coin Hunters

July 24, 2025

Zircuit Launches AI Trading Engine For Lightning-Fast, Cross-Chain Trading

July 24, 2025

Bybit Card Celebrates Two Million Users With Limited-Edition Collectible And 1 BTC Giveaway

July 24, 2025

MemE Coin PEPETO, based on Ether Leeum, has exceeded $ 5.5 million in pre -sales.

July 24, 2025

Crypto EXEC is not the end of the rally.

July 24, 2025

Big Bob Slot -Self -There fish, bite wins!

July 23, 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

Bitcoin Market Bullish? DL Mining Launches $100 Bonus + Sustainable Cloud Mining

July 25, 2025

Bybit And Tether Launch Strategic Partnership To Accelerate Crypto Adoption In Brazil

July 25, 2025

Remittix Presale Raises $17M After Revealing Next-Gen Web3 Wallet Beta Launch Date

July 25, 2025
Most Popular

Can Ethereum price reach $4,000? As institutions show strength, ETH’s open interest surges.

January 17, 2025

The Bitget token is up 30% week over week, hitting an all-time high.

April 4, 2024

Ethereum to launch $2 million academic grant in 2025

January 23, 2025
  • 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.