Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

2025-05-18

‘Maplestory N’ touches avalanche, Solana’s ‘Nyan Heroes’

2025-05-18

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17

    Complating digital assets win the long game in Crypto

    2025-05-17
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Ethereum (ETH) in for ‘renewed upside’ after continued stability, says crypto analyst – here’s his outlook
Analysis

Ethereum (ETH) in for ‘renewed upside’ after continued stability, says crypto analyst – here’s his outlook

2024-12-18No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A widely followed crypto analyst says Ethereum (ETH) appears poised to move higher after showing price stability over the past two weeks.

In a new strategy session, pseudonymous crypto trader Rekt Capital tells According to its 519,700 followers on social media platform

“ETH: the retest after the outbreak was successful. And sure enough, it enabled a challenge for $4,000 (red). In fact, Ethereum is holding the $4,000 (red) area as new support for the second week in a row. Continued price stability here [means] renewed benefit.”

Image
Source: Rekt Capital/X

Looking at his chart, the trader suggests that ETH could soon rise to $4,542.

Ethereum is trading at $3,956 at the time of writing, up nearly 28% in the past 30 days.

However, the analyst say that Bitcoin (BTC) may continue to outperform altcoins as Bitcoin dominance (BTC.D) – the ratio of BTC’s market cap versus the market cap of all crypto assets combined – rises again.

At the time of writing, BTC.D is at 57.80%.

“Bitcoin Dominance: Sharp Rebound for BTC.D. A green 57.68% recovery as support would allow Bitcoin dominance to regain momentum in its macro uptrend. BTC.D is on the cusp of regaining this level as we speak to confirm ‘Bitcoin Season’.”

Image
Source: Rekt Capital/X

Finally, the analyst warns that based on historical priority, Bitcoin could soon experience a sudden correction before rising again.

‘It’s week seven. In 2013, Bitcoin retreated in week seven of price discovery. In 2017, Bitcoin fell -34% in week eight of price discovery. In 2021, Bitcoin retreated -16% in week six. Will history repeat itself? Or will Bitcoin go against history?…

Price sensing corrections are a normal part of the BTC cycle. And she has experienced every cycle. Especially since Bitcoin has already experienced multiple pullbacks of -25% in and around the halving.”

Bitcoin is trading at $106,972 at the time of writing, up more than 18% in the last 30 days.

See also  BlackRock: Bitcoin is 'gold alternative', Ethereum a 'technology bet' – Why?

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

Follow us further X, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: DALLE3



Source link

Analyst continued Crypto ETH Ethereum Heres Outlook renewed stability Upside
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Weekly winners and losers of Crypto Market – XCN, WIF, PI, op

2025-05-18

Ethereum – price is struggling to keep above $ 2,500 – watch out for this support level

2025-05-18

The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

2025-05-18

Will Crypto pump or dump this weekend? Analyst reveals Top Altcoin for 3x profits

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Will Solana drop back to $85? Key statistics show warning signs

2024-09-23

Does MATIC’s 1218-Day Accumulation Phase Set Up a Bullish Breakout?

2024-07-17

Judge schedules Kwon’s criminal trial for early 2026 weeks after successful extradition to the US: report

2025-01-14
Editors Picks

Trader predicts increases for Litecoin (LTC), Cosmos (ATOM) and The Sandbox (SAND) – these are his targets

2023-06-28

Analyst Says Bitcoin Price Is Heading To $90,000, Here’s Why

2024-05-04

Curve Concerns Threaten Major Market Crash

2023-08-01

Montenegro appeals court revokes extradition of Terra (LUNA) founder Do Kwon to the US and orders a new trial

2024-02-08

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin: This indicator reflects 2024’s Bull Run – will history repeat?

‘Maplestory N’ touches avalanche, Solana’s ‘Nyan Heroes’

Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,046.241.93%
  • ethereumEthereum(ETH)$2,430.59-1.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.00%
  • binancecoinBNB(BNB)$645.270.91%
  • solanaSolana(SOL)$168.611.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2256355.65%
  • cardanoCardano(ADA)$0.740.71%
  • tronTRON(TRX)$0.266484-1.32%
  • suiSui(SUI)$3.810.67%
  • chainlinkChainlink(LINK)$15.471.55%
  • avalanche-2Avalanche(AVAX)$22.451.51%
  • stellarStellar(XLM)$0.2882951.39%
  • hyperliquidHyperliquid(HYPE)$26.371.96%
  • shiba-inuShiba Inu(SHIB)$0.0000153.51%
  • hedera-hashgraphHedera(HBAR)$0.1934081.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.01%
  • bitcoin-cashBitcoin Cash(BCH)$400.843.01%
  • the-open-networkToncoin(TON)$3.131.97%
  • litecoinLitecoin(LTC)$98.562.78%
  • polkadotPolkadot(DOT)$4.671.70%
  • moneroMonero(XMR)$337.360.99%
  • bitget-tokenBitget Token(BGB)$5.143.47%
  • pepePepe(PEPE)$0.0000139.11%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.748.04%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.923.99%
  • bittensorBittensor(TAO)$414.09-1.69%
  • aaveAave(AAVE)$224.081.35%
  • nearNEAR Protocol(NEAR)$2.763.08%
  • aptosAptos(APT)$5.080.46%
  • okbOKB(OKB)$52.85-0.63%
  • ondo-financeOndo(ONDO)$0.921.49%
  • kaspaKaspa(KAS)$0.1103441.47%
  • ethereum-classicEthereum Classic(ETC)$18.281.52%
  • internet-computerInternet Computer(ICP)$5.191.38%
  • gatechain-tokenGateToken(GT)$21.620.27%
  • crypto-com-chainCronos(CRO)$0.0978230.89%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363392.48%
  • mantleMantle(MNT)$0.731.41%
  • vechainVeChain(VET)$0.0282252.29%
  • render-tokenRender(RENDER)$4.550.85%
  • ethenaEthena(ENA)$0.3756937.80%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2212913.23%
  • filecoinFilecoin(FIL)$2.842.63%
  • cosmosCosmos(ATOM)$4.852.97%
  • bitcoinBitcoin(BTC)$105,046.241.93%
  • ethereumEthereum(ETH)$2,430.59-1.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.392.00%
  • binancecoinBNB(BNB)$645.270.91%
  • solanaSolana(SOL)$168.611.89%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2256355.65%
  • cardanoCardano(ADA)$0.740.71%
  • tronTRON(TRX)$0.266484-1.32%
  • suiSui(SUI)$3.810.67%
  • chainlinkChainlink(LINK)$15.471.55%
  • avalanche-2Avalanche(AVAX)$22.451.51%
  • stellarStellar(XLM)$0.2882951.39%
  • hyperliquidHyperliquid(HYPE)$26.371.96%
  • shiba-inuShiba Inu(SHIB)$0.0000153.51%
  • hedera-hashgraphHedera(HBAR)$0.1934081.95%
  • unus-sed-leoUNUS SED LEO(LEO)$8.67-3.01%
  • bitcoin-cashBitcoin Cash(BCH)$400.843.01%
  • the-open-networkToncoin(TON)$3.131.97%
  • litecoinLitecoin(LTC)$98.562.78%
  • polkadotPolkadot(DOT)$4.671.70%
  • moneroMonero(XMR)$337.360.99%
  • bitget-tokenBitget Token(BGB)$5.143.47%
  • pepePepe(PEPE)$0.0000139.11%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.748.04%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$5.923.99%
  • bittensorBittensor(TAO)$414.09-1.69%
  • aaveAave(AAVE)$224.081.35%
  • nearNEAR Protocol(NEAR)$2.763.08%
  • aptosAptos(APT)$5.080.46%
  • okbOKB(OKB)$52.85-0.63%
  • ondo-financeOndo(ONDO)$0.921.49%
  • kaspaKaspa(KAS)$0.1103441.47%
  • ethereum-classicEthereum Classic(ETC)$18.281.52%
  • internet-computerInternet Computer(ICP)$5.191.38%
  • gatechain-tokenGateToken(GT)$21.620.27%
  • crypto-com-chainCronos(CRO)$0.0978230.89%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.963.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2363392.48%
  • mantleMantle(MNT)$0.731.41%
  • vechainVeChain(VET)$0.0282252.29%
  • render-tokenRender(RENDER)$4.550.85%
  • ethenaEthena(ENA)$0.3756937.80%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2212913.23%
  • filecoinFilecoin(FIL)$2.842.63%
  • cosmosCosmos(ATOM)$4.852.97%