“Bitcoin recently exceeded the psychological threshold of $ 120,000, and ATH is no longer around the corner. According to ECOINOMETRICS, if the inflow of funds to ETF returns, the price of bitcoin may exceed $ 135,000 by November. Meanwhile, Ethereum remains above $ 4,000. Will October Eth exceed $ 5,000? We will consider the situation with the prince of cryptocurrencies in the ballot […]”, – WRITE: Businessua.com.ua
Bitcoin recently exceeded the psychological threshold of $ 120,000, and ATH is no longer around the corner. According to ECOINOMETRICS, if the inflow of funds to ETF returns, the price of bitcoin may exceed $ 135,000 by November. Meanwhile, Ethereum remains above $ 4,000. Will October Eth exceed $ 5,000? We will look at the situation with the Prince of cryptocurrencies in the ballot from October 3!
Eth demonstrates Positive changes in the last six months/Strong>. Indeed, the price has increased on 1.8% in 24 hours , 13.3% per week almost on 80% in three months and 150% in six months . Also the price Ethereum has grown 33% since the beginning of the year :
Couple 1 hour 24 hours 7J 1 million. 3m 6 million. Since the beginning of the year 
Eth/BTC
-0,08444% 0.8150% 3.56% -4.35% 59.82% 71.66% 3.08% 
Eth/USDT
-0.2486% 1.82% 13.29% 3.37% 76.79% 146.50% 32.96% Ethereum performance against different pairs. Source: Coincheckup
After Falling at 4.4% per month pair ETH/BTC has recovered by 3.6% per week . ETH price remains strong as it continues to bargain above the psychological round value in $ 4000 .
Ethereum price fell by 5.6% in September ETH has just completed September with a decrease by 5.6% . However, this negative note should be considered in the future as the price has fixed growth almost on 70% in the third quarter . Furthermore, September was difficult Month for ETH since 2015:
Ethereum’s monthly performance since 2015. Source: Cryptorank.io
October, on the contrary, much more favorable . According to Cryptorank.io, price Seven times in the last ten years has finished in the green zone . Since 2015, the second largest capitalization of cryptography has increased on average by 7% in October .
ETH price should overcome the resistance of $ 4700 Since the beginning of August ETH price moved to the side between $ 4000 support and $ 4,700 resistance . The price has recently bounced from a bull -line trend and heads up to resistance at $ 4700 :
The price of the Etroreum against the dollar (1D) – register with Trading View using our affiliate link.
The level of level resistance at $ 4700 can allow ETH to accelerate above $ 5000 . However, if the price continues to stop at the resistance level, it may fall to the bull -line trend and support at $ 4000 . Meanwhile, RSI returned to the bear line. To have Strong impulse On a daily basis, you need to move above the trend line.
ETH has completed September in the minus, but a breakthrough of a resistance of $ 4,700 can cause a new movement up. There is hope for October for Ethereum, as well as for other altcoins such as XRP, Litecoin and Sui.
Source: Journalducoin.com
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