Analyst: ETH Price May See Bullish Breakout, Target $3,375
Bitget2024/10/11 14:00
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Since dropping below $2,450 on October 2, ETH prices have consolidated in a narrow $100 range for the past nine days, according to Cointelegraph. Despite the volatility in the bitcoin market, ETH's weekly return is down just 1 percent.
ETH remains above the 200-day EMA trendline on the weekly chart, showing bullish signs that could trigger a positive breakout in the ETH/USD pair.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$84,486.09
-0.02%
Ethereum
ETH
$2,697.62
+0.81%
Tether USDt
USDT
$0.9995
-0.03%
BNB
BNB
$779.71
+1.61%
XRP
XRP
$1.53
+1.73%
USDC
USDC
$0.9998
-0.00%
Solana
SOL
$117.38
+2.38%
TRON
TRX
$0.3406
+0.02%
Zcash
ZEC
$1,562.62
+3.15%
Hyperliquid
HYPE
$94.54
+0.98%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now