Cryptocurrency Market Buzzes with Speculation on ETH ETF Approval Impact, RSI and MACD, Price Surge to $10,000 in May
The cryptocurrency market is abuzz with discussions on the potential impact of an ETF approval for Ethereum (ETH). Analysts believe that ETH's performance is closely tied to the approval of a US ETF, with speculations on a significant alt season if approved. Recent market movements show ETH gaining momentum against Bitcoin (BTC), with indicators like RSI and MACD signaling bullish trends. ETH's price surge has led to optimistic predictions, including a potential rise to $10,000 and anticipation for an ETH spot ETF approval in May.
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$ETHBTC 1W Everyone's favorite ticker atm 3 Major levels of interest here, thinking it probably takes a bit more time for clarity especially around June 2022 swing low Potentially more rotation into ETH near term $ETH 1W Given with pair vs pair things, for ETH to truly… https://t.co/F4XsRyaGFY
Ash Crypto #Bitcoin is consolidating now. ETH is pumping hard against Bitcoin after a long time which shows that money is flowing from BTC to ETH. IF ETH spot ETF gets approved in May, ETH price will explode to $4,500+. Altseason 2.0 is also coming soon 🔥 https://t.co/StwEjQwQGJ
RunnerXBT is ETH spot ETF rejection priced in?