Ethereum price exploded to historically high levels close to $ 3,500 as Vitalik Buterin entered the billionaire list

Ethereum has taken another giant leap after reaching price points above $ 3,000. The giant smart contract token that accumulates when Bitcoin doesn't exceed $ 60,000. The increase of over $ 3,000 paved the way for gains that narrowed the spread to $ 3,500. Meanwhile, ETH is trading at $ 3,250 after falling from its all-time high. The correction occurred in conjunction with Bitcoin's retreat from price levels close to $ 60,000 to $ 55,000. Further support is needed to keep the bears away and to allow the bulls to focus on price points above $ 3,500 and $ 4,000 respectively. Moving Average Convergence Divergence (MACD) shows that Ethereum is definitely in the hands of the bulls. For example, the MACD line (blue) will keep its position above the signal line. While the MACD line does not define overbought and oversold conditions, it takes into account the overall trend of an asset when measuring momentum. ETH / USD Four-Hour Chart ETH / USD Price Chart from Tradingview On the other hand, the Relative Strength Index (RSI) shows that Ethereum is rapidly declining. For example, the trend strength indicator is sharply lower against the overbought zone, indicating that you are in control. If the short-term technical outlook remains unchanged, sellers get the upper hand. Ethereum co-founder Vitalik Buterin listed it as one of the youngest cryptocurrency billionaires in the world. The 27-year-old programmer's crypto amount soared higher as the Ethereum price hit all-time highs. Ethereum Intraday Levels Spot Price: $ 3,250 Trend: Bearish Volatility: High Resistance $ 3,460 and $ 3,500 Support: $ 3,200 and $ 3,000 Post Ethereum price exploded to an all-time high of $ 3,500 as Vitalik Buterin entered the billionaire list. the first came out at Coingape.

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