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Topic: ETH also breakout the resistance zone and now trading near $2330 - page 4. (Read 587 times)

full member
Activity: 2086
Merit: 193
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Too early to say a bull trend but it’s good that the market recovers already and now slowly going back to the top. So happy to buy ETH on its lowest price, there’s always a hope with the top project especially with ETH. We might see $2,500.00 this month it’s good if you can still buy because if we can break the resistance, the trend is confirmed.
full member
Activity: 1582
Merit: 132
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Currently, the market is likely getting better although it is still risky enough and sometimes uncertain.
However, at least, there are some increases in some altcoins that can make the market going green.
In this case, Ethereum itself becomes one of the altcoins that becomes the most focused altcoin to have. And hopefully, after breaking this resistance, the price will go up again and again. I really hope that this bearish market will end and jump to another bullish market although in one year.
sr. member
Activity: 2478
Merit: 343
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This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
The pumped that we have because of Bitcoin is rallying high again, in fact, not only ETH did follow but most of the altcoins are also recovering. But we shouldn't be confident that it keeps moving high after breaking the resistance like we think it goes back to bullish again. No, and we should be careful buying this time as might the trap is set up by the whales.

This gonna be the opportunity for the holder to make a profit from the unpredictable pumps but this is not a buying opportunity. We have to wait when it drops back as the trend is still moving up and down.
legendary
Activity: 3122
Merit: 1102
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ETH is what I am holding mostly in my portfolio. It’s just sad that I didn’t sell it when it peaked around $4K, and could have bought back at cheaper price. But I was greedy lol. I am not sure if this recent breaking of resistance would signal a slow and smooth bull run. It could be a bull trap, but I’m not sure. It’s just my opinion. It would be interesting where would ETH go this weekend. Maybe a lil’ pullback or hanging on above $2,300? We’ll see.

don't regret yet because this coming month, Aug 4 - ETH is expected to launch their London Hard Fork (EIP 1559 & 3554) . so your patience may paid off after all. just don't lose hope as eth has very active development and the difference with other alts is that they really do accomplish things here. it can easily go above 3k or more once they deployed these protocol updates.
and if btc will also be bullish, i am sure eth will also follow the btc trend and alongside with hard fork update, it will definitely be a good market value for eth
full member
Activity: 2128
Merit: 180
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
We're on a good recover right now and almost all the good coins are doing great today. If we are able to beat more resistances then we might end this sideways early and go to another bull run. Hopefully this is not a bull trap since the volume are convincing, we might end this month at a higher note as we welcome the ghost month where usually the price dumps, we will see.
hero member
Activity: 2114
Merit: 619
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
I don't see a lot of bullish signs in the markets as of now. Even a slightest of green move is met by a lot of sellers and leads to red candles. I think unless BTC crosses 40K area. I don't think alts will get any volume. If you compare the current scenario of market with April volumes have gone so down. To pump the price back up by that much there needs to be a hell lot of volume in the market. Eth isn't even getting 30% volumes of what it was getting at around all time high.
sr. member
Activity: 1176
Merit: 252
Finally the ETH that I am hodling for about a month now is going to go up and have me get some big profit since I bought it at a really low price. Hopefully we get to see ETH get to another all time high before the end of the year together with bitcoin.

The trusted coin will sustain for longer period.So only they called as trusted coin.Ethereum is one of good potential coin. You made a good move in a trading.Because patience is needed one trading. Most people do panic selling and get into the loss. Buying at the dump is also important one to get profit.
sr. member
Activity: 2842
Merit: 326
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This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Ethereum did pumped very well in the last few days I think the broken resistance wasn't too strong however the price is presently testing a stronger support at  $2340+ probably if the price pullback to retest the resistance turned support at $2270 the price will breakthrough the resistance and head to $2600  possibly with Bitcoin also undergoing a bullish run these technical analysis are subject to non release of any negative fundamental news, that is the major mover of the price in the crypto market.
hero member
Activity: 2282
Merit: 659
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ETH is what I am holding mostly in my portfolio. It’s just sad that I didn’t sell it when it peaked around $4K, and could have bought back at cheaper price. But I was greedy lol. I am not sure if this recent breaking of resistance would signal a slow and smooth bull run. It could be a bull trap, but I’m not sure. It’s just my opinion. It would be interesting where would ETH go this weekend. Maybe a lil’ pullback or hanging on above $2,300? We’ll see.
full member
Activity: 868
Merit: 150
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Finally the ETH that I am hodling for about a month now is going to go up and have me get some big profit since I bought it at a really low price. Hopefully we get to see ETH get to another all time high before the end of the year together with bitcoin.
jr. member
Activity: 182
Merit: 1
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
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