{"id":2674,"date":"2020-11-16T04:05:53","date_gmt":"2020-11-16T04:05:53","guid":{"rendered":"https:\/\/afluxcoin.com\/05\/ethereum-is-marching-towards-the-high-for-the-year%e2%80%8a-%e2%80%8aripple-and-iota-not\/"},"modified":"2020-11-16T04:05:53","modified_gmt":"2020-11-16T04:05:53","slug":"ethereum-is-marching-towards-the-high-for-the-year%e2%80%8a-%e2%80%8aripple-and-iota-not","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/pt\/05\/ethereum-is-marching-towards-the-high-for-the-year%e2%80%8a-%e2%80%8aripple-and-iota-not\/","title":{"rendered":"Ethereum is marching towards the high for the year\u200a\u2014\u200aRipple and IOTA not"},"content":{"rendered":"<p>The number two Ethereum (ETH) is also emulating the key currency Bitcoin (BTC) this week and is only trading not far from its annual high. Ripple (XRP) and especially IOTA (MIOTA) are still struggling and cannot initiate a break out of their sideways range.ETH rate: $ 464.31 (previous week: $ 443.53)Resistors \/ Targets: $ 476, $ 488, $ 515, $ 549, $ 608, $ 678, $ 720Price analysis based on the value pair ETH \/ USD on BitfinexEther price continues to benefit from Bitcoin rally and climbs to a weekly high of $ 476.The $ 420 area acts as the first major support.$ 515 first major bullish price target.Even if the ether price cannot currently follow the price development of Bitcoin, the trend is still bullish. The price of Ethereum managed to reach a new high of 475 US dollars this week and is currently trading at 464 US dollars. With this, Ethereum has managed to stabilize above the important price level at 420 US dollars for the time being. The chances are good that Ethereum will reach its annual high of 488 US dollars and target higher prices in the future.Although the key currency Bitcoin continues to rush to new annual highs, Ethereum also continues to show a clear bullish tendency. If the bulls manage to start at $ 488 and skip the daily closing rate, a subsequent rise to $ 515 can be expected. If Ethereum also skips this resistance, a price explosion up to the 61er Fibonacci retracement at 550 US dollars is to be planned. Profit-taking can be expected from this resistance in the short term. However, as soon as the ether price dynamically overcomes this mark, the resistance area between USD 608 and USD 630 comes into focus.Should the bulls pulverize this area as well,\u2026<\/p>","protected":false},"excerpt":{"rendered":"<p>The number two Ethereum (ETH) is also emulating the key currency Bitcoin (BTC) this week and is only trading not far from its annual high. Ripple<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2674"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=2674"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/2674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media\/2675"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=2674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=2674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=2674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}