ETH Bullish Prediction Playing Out! Bullish Rally Far From Over

11:26 pm, Mon, 30 August 21

Current Ethereum Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
?
End of day trading result for the top 36 cryptocurrencies by market capitalisation

The crypto market ended the trading day slightly bearish. However, Ethereum closed the day bullish with a more than 1% gain in value from yesterday.

This bullish rally plays out well with our previous analysis ETH Forming Double Bottom Pattern At Key Level! Buy?

In that analysis, we made a bullish prediction for Ethereum after the price formed a double bottom pattern at a key level in the 15 minutes timeframe.

ETH Forming Double Bottom Pattern At Key Level! Buy?
Ethereum bullish prediction from a previous analysis ETH Forming Double Bottom Pattern At Key Level! Buy?

This Ethereum bullish prediction played out exactly, with the price respecting the $3,168 horizontal support in the 15 minutes timeframe. We saw the bulls come back into the market and push Ethereum back up towards the previous highs all in less than 24 hours.

ETH Bullish Prediction Playing Out! Bullish Rally Far From Over
ETH Bullish Prediction Playing Out in the 15 minutes timeframe! Bullish Rally Far From Over

However, that Ethereum bullish rally is far from over. And in this analysis, we will be talking about the key levels we are currently watching.

To trade ETH with leverage, sign-up to Phemex right now! You can also get up to $2,500 in bonus when you sign-up and fund your Phemex account with our Phemex link.

Claim up to $4100 in Bonus

100x Leverage

ETH To $3,450

Ethereum still trading within an ascending channel pattern in the 15 minutes timeframe. What next?

Ethereum is still trading within an ascending channel in the 15 minutes timeframe. This channel gives us key levels to watch for, and right Ethereum is ranging around the middle of the channel.

This means that Ethereum still has a chance to rally higher towards the $3,450 price level soon!

ETH Bullish Prediction Playing Out! Bullish Rally Far From Over
ETH Bullish Prediction Playing Out in the 15 minutes timeframe! Bullish Rally Far From Over Watch this ascending channel pattern!

A rally like this would push the price back into the ascending channel resistance region. This is a key level that has cut short the Ethereum bullish rally on numerous occasions and might do so again in the coming days.

however, a breakthrough could signify the resumption of the Ethereum bull run and a potential price rally to new ATHs! For the full bullish prediction read Must Read: Ethereum Testing Key Level. Price Rally Soon!

Ethereum Testing Key Level. Price Rally Soon!
Ethereum bullish prediction from a previous analysis Must Read: Ethereum Testing Key Level. Price Rally Soon!

Claim up to $4100 in Bonus

100x Leverage

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:
★★★★★
★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 89%

Claim up to $4100 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 91%

Claim up to $7000 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.050%
Maker:
0.050%
Wire:
Credit:
Crypto: