{"id":13464,"date":"2021-11-08T11:22:58","date_gmt":"2021-11-08T10:22:58","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13464"},"modified":"2021-11-08T11:32:02","modified_gmt":"2021-11-08T10:32:02","slug":"ethereum-achieves-new-highs","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ethereum-achieves-new-highs\/","title":{"rendered":"Ethereum breaks through the $4,650 resistance level and achieves new highs\u00a0"},"content":{"rendered":"\n
Ethereum manages to settle above the resistance level around $4,650 and advance to new highs.\u00a0<\/h5>\n\n\n\n
\"Ethereum
Ethereum breaks through the $4,650 resistance level and achieves new highs\u00a0<\/figcaption><\/figure>\n\n\n\n

Ethereum Maintains Its Strength As Bitcoin Approaches All-Time Highs<\/h2>\n\n\n\n

While Bitcoin<\/a> reached the $66,000 barrier, Ethereum just managed to settle above the resistance around $4,650 and advance to new highs.<\/p>\n\n\n\n

In recent days, the world's most popular cryptocurrency has gained significant upside momentum, moving from $60,000 to $66,000. If Bitcoin trades above $66,000, it will be on its way to new all-time highs near $67,000, which will be bullish for the entire cryptocurrency market.<\/p>\n\n\n\n

Other cryptocurrencies, on the other hand, are generally rising. Dogecoin\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> is currently attempting to break through $0.28, while XRP<\/a> is approaching $1.30. Shiba Inulos<\/use><\/svg><\/span><\/a>t<\/use><\/svg><\/span><\/a> is currently attempting to settle below $0.000055 after a recent comeback.<\/p>\n\n\n\n

The overall market sentiment is strong, and Ethereum<\/a> appears to have a good chance of testing the psychologically significant $5,000 milestone.<\/p>\n\n\n\n

Technical Analysis<\/h2>\n\n\n\n
\"\"
Ethereum Reaches New Highs<\/figcaption><\/figure>\n\n\n\n

Ethereum stabilized over the $4,650 resistance level and continued to rise. The RSI is approaching overbought territory, but there is still possibility for more positive momentum if the appropriate catalysts occur.<\/p>\n\n\n\n

Ethereum's next resistance level has lately shown near $4,770. If Ethereum can stay above this level, it will be on its way to the psychologically significant $5,000 mark. <\/p>\n\n\n\n

A break above this level is expected to draw more speculative traders, giving Ethereum a chance to gain more upside momentum.<\/p>\n\n\n\n

On the support side, Ethereum will most likely find support at the previous resistance level of $4,650. If Ethereum falls below this level again, it will fall to the next support level of $4,535.<\/p>\n\n\n\n

A successful test of the $4,535 support will pave the way for the following support, which is placed at $4,380. If Ethereum falls below this level, it will resume its downturn and seek for support at the 20 EMA, which is now at $4,170.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum manages to settle above the resistance level around $4,650 and advance to new highs.\u00a0 Ethereum Maintains Its Strength As Bitcoin Approaches All-Time Highs While Bitcoin reached the $66,000 barrier, Ethereum just managed to settle above the resistance around $4,650 and advance to new highs. In recent days, the world’s most popular cryptocurrency has gained […]<\/p>\n","protected":false},"author":29,"featured_media":13427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[76,89,23,21],"tags":[5377,5376],"class_list":["post-13464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-price","category-ether-price","category-ethereum-news","category-news","tag-dogecoin-shiba-inu","tag-ethereum-bitcoin-xrp"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/Quantstamp-450x338-1-e1636309545191.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13464"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13427"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}