Ethereum rallies past crucial resistance, can it push to $2,000 this month
Isang linggo na ang nakalilipas, Ethereum [ETH] flipped the $1,485 mark from resistance to support. Since then, it has posted gains of 10.9% and rising at press time. With Bitcoin [BTC] also looking bullish, it looked like the entire crypto market had a bullish outlook in the coming days. Narito ang AMBCryptos Prediction ng Presyo para sa Ethereum [ETH] sa 2022 2023- Dami ng kalakalan ng NFT also took a hit in October, but the number of unique traders rose by 18% in October. This suggested demand was still going strong in the NFT market.So far, so good for the bulls who can now watch out for $1800 and $1950 Pinagmulan: ETH / USDT sa TradingView Ethereum formed a range (white) between $1,270 and $1,390 in September and October. The breakout from this range saw ETH surge to $1,600, but the trading volume was not particularly high. The On-Balance Volume (OBV) did not see a sharp move upward either, which suggested that buying pressure might not be strong enough to reverse the higher timeframe downtrend. The OBV was able to crest a resistance level from the past six weeks, which supported the rally of the past two weeks. At the time of writing, the price