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Ethereum Price Prediction: Will ETH Break Through $2,800?


by Maxwell Mutuma
for CoinEdition
Ethereum Price Prediction: Will ETH Break Through $2,800?
  • Ethereum holds bullish momentum, targeting key resistance at $2,780 and $2,800.
  • MACD hints at a bullish crossover, while RSI signals growing buying interest.
  • Derivatives trading volume surges, indicating heightened market participation.

Ethereum (ETH) continues to show bullish momentum, with the price currently at $2,759.09—a 0.99% gain over the past 24 hours. The cryptocurrency’s market cap rises to $332.64 billion, and its 24-hour volume jumps 7.89% to $15.28 billion. 

These movements point to growing buying interest as the market eyes resistance on February 22 and the potential to break through $2,800.

Ethereum’s Current Price Trend

The recent price action shows volatility along with an uptrend, marked by higher highs and higher lows—a sign of sustained bullishness. 

Increasing trading volume supports the possibility of further gains, and if ETH holds above $2,750, it could move toward key resistance levels. 

Related: Vitalik Buterin Praises Family’s Role in Ethereum’s Genesis

Key Support and Resistance Levels

Ethereum finds key support at $2,730, where multiple bounces signal strong buying pressure. Below this, $2,700 acts as…

The post Ethereum Price Prediction: Will ETH Break Through $2,800? appeared first on Coin Edition.

Read the article at CoinEdition

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Ethereum Price Prediction: Will ETH Break Through $2,800?


by Maxwell Mutuma
for CoinEdition
Ethereum Price Prediction: Will ETH Break Through $2,800?
  • Ethereum holds bullish momentum, targeting key resistance at $2,780 and $2,800.
  • MACD hints at a bullish crossover, while RSI signals growing buying interest.
  • Derivatives trading volume surges, indicating heightened market participation.

Ethereum (ETH) continues to show bullish momentum, with the price currently at $2,759.09—a 0.99% gain over the past 24 hours. The cryptocurrency’s market cap rises to $332.64 billion, and its 24-hour volume jumps 7.89% to $15.28 billion. 

These movements point to growing buying interest as the market eyes resistance on February 22 and the potential to break through $2,800.

Ethereum’s Current Price Trend

The recent price action shows volatility along with an uptrend, marked by higher highs and higher lows—a sign of sustained bullishness. 

Increasing trading volume supports the possibility of further gains, and if ETH holds above $2,750, it could move toward key resistance levels. 

Related: Vitalik Buterin Praises Family’s Role in Ethereum’s Genesis

Key Support and Resistance Levels

Ethereum finds key support at $2,730, where multiple bounces signal strong buying pressure. Below this, $2,700 acts as…

The post Ethereum Price Prediction: Will ETH Break Through $2,800? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?

ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?

In a thought-provoking video, blockchain attorney John E. Deaton shared an alarming p...
Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs

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The crypto market appears to be finding its footing again after a rough patch that in...