| Ether has recently bounced strongly from April's lows to push back above $2,500, and narratives generally seem to support continuation. The ratio of market value to realised value has increased significantly in recent days, moving above one, while open interest for futures has also surged in May so far. It's difficult to determine whether the price might continue up nearly immediately, consolidate, or retrace first. This week, there are no major scheduled releases affecting crypto, but any news about tariffs or Russo-Ukrainian peace talks could affect Ether like other markets. Trading is risky. Trade with care and keep watching our informative videos to enhance your trading skills and strategies. #ETH #ETHUSD #cryptotrading #cryptoanalysis #marketoutlook #Ether #crypto |
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Tags: Featured,newsletter
7 pings
Skip to comment form ↓