Ethereum Bull

Investment lead at. Eth defends crucial support bull run to new record high seems intact cryptos jan 22 0720 gmt ethereum holds above 1000 avoiding losses targeting the primary.

Ethereum Bull Art Board Print By Fuseleven Redbubble

Ethereum is having an uphill battle sustaining the uptrend above 1200.

Ethereum bull. Ripple is trading between the 200 sma resistance and the 100 sma on the 4 hour chart. 5 exciting ethereum predictions for 2021 bull run incoming. Now as bitcoin and cryptocurrency investors try to call exactly how far this already huge rally will run ethereum cofounder vitalik buterin has revealed what he thinks is an underrated bull.

Morehead explains why hes bullish on the second and third largest crypto assets ethereum and xrp. The cryptocurrency market has slowed down the drastic upward movements apart from bitcoins surge to a new all time at 40425. Ethereum enjoyed an impressive bull run over the past few months.

The most important thing in ethereum is eth 20 going live going away from proof of work which is wasteful obviously to proof of stake to allow a much more efficient system. Ethereum has reached a record high in 2020 reaching a peak of 620 making it a 30 month high. Earlier this week contributor andrew keys wrote an excellent article predicting the future of ethereum.

The launch of ethereum 20 beacon chain phase 0 has driven part of the momentum for ethereums price. Still ether has yet to decisively close above its january 2018s all time high of 1420 to advance further. Ethereum is fighting for support above 470 while ripple closed the day under 029.

Its price has risen nearly 370 from a low of 307 in late august 2020 to a new all time high of over 1440 recently. Ethereum is currently retracting sharply from its previous and 30 month peak of 620. Not only has ethereum blasted its way to a 30 month price high but several on chain metrics are also indicative that the asset is definitely in a new bull market.

If bulls do not resume the uptrend across the board selling pressure is likely to surge in the coming sessions. Gemini co founder and ceo tyler winklevoss recently noted that this current ethereum bull run is different than the others.

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