Ethereum Classic has posted gains of more than 12% since Monday. The high trading volume in recent days with ETC beneath the $21 resistance showcased bullish intent.
Is your portfolio green? Check the
The RSI was at 65 and showed strong bullish momentum, and the CMF at +0.23 showed heavy capital flow into the Ethereum Classic market. The buying pressure was evident, and the lower timeframes, such as one-hour, retained a bullish structure. Greed was the sentiment across the crypto market, but a quick price dump could cause large liquidations and feed right into the buy orders of larger market participants.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
![Solana [SOL] clears the $23 hurdle- Is a retest of $26 likely?](https://i.headtopics.com/images/2023/4/14/cryptoamb/solana-sol-clears-the-23-hurdle-is-a-retest-of-26--solana-sol-clears-the-23-hurdle-is-a-retest-of-26--1646642669840482306.webp?w=640)
Solana [SOL] clears the $23 hurdle- Is a retest of $26 likely?After a recent breakout, Solana [SOL] aims at the $26 supply zone. Although a restest of $26 will help SOL recover February losses, any sharp retracement could affect its long-term price action.
Read more »
Ethereum (ETH) Shapella upgrade successfully goes liveEthereum, one of the leading blockchains in the cryptosphere, has successfully integrated the Shapella upgrade. […]
Read more »
Crypto investors face delays in withdrawing funds after Ethereum upgradeMajor software changes causes further problems
Read more »
Ethereum: Decoding Shapella Upgrade stats and its technical detailsThe launch of the Shapella Upgrade was followed by a noticeable spike in exchange inflows, signaling a short-term sell pressure for ETH. Contrary to fears of an imminent price drop, ETH was up 2.62% to $1917.68, at the time of writing,
Read more »
Ethereum likely to break out past $2000 but watch out for…The Ethereum Shapella upgrade was successfully triggered and hailed as a historic milestone. It had no immediate impact on the price action, as this was an event the crypto sphere has known about for months now. On the 4-hour chart, the 21 and 55-period SMAs showed a strong bullish trend. The RSI has been above the neutral 50 mark for the majority of the past three weeks, reinforcing the idea of bullish momentum. As things stand, more gains look likely, but a breakout past the $2020-$2040 area over the next week would be necessary before we can conclude a breakout past the high timeframe resistance.
Read more »