menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Ethereum F...
source image

Coindoo

1d

read

183

img
dot

Image Credit: Coindoo

Ethereum Flashes a Golden Cross: Is $3,000 Next?

  • Cryptocurrency analyst Merlijn The Trader identified a Golden Cross pattern on Ethereum's chart, signaling a potential bullish momentum shift.
  • A Golden Cross occurs when a short-term moving average rises above a long-term moving average, historically indicating upcoming price surges.
  • Ethereum's last Golden Cross in late 2024 led to a rally past $4,000; the recent cross sets the stage for a potential climb towards $3,000.
  • The Golden Cross coincides with growing institutional interest in Bitcoin, spurring investor optimism and suggesting positive market momentum for ETH.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app