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Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend Is Reversing

Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend Is Reversing
Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend Is Reversing

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Ethereum’s price seems to be ready to break the $1400 price level. However, when things started shaping up it looks as if selling pressure has been activated, which subsequently pushed back price action. This necessitates a closer checks to be carried out on the ETH/USD market. At the same time, we’ll consider the ETH /BTC market too.

ETH Analysis Statistics Data:
ETH value now: $1340
Ethereum market cap: $165 billion
Ethereum moving supply: 358.37 million
The Total supply of ETH: 122.37 million
ETH’s Coinmarketcap ranking: #2

Important Price Levels:
Top Levels: $1360, $1380, $1400
Base Levels: $1340, $1320, $1300

Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend Is Reversing

Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend May Be Weakening

ETH/USD price now seems to be falling downwards, under the influence of selling pressure. No sooner than the price action is above the MA line, a bearish candlestick appeared and thus pushed the price downwards. However Ethereum price movements remain above the MA line and with continued buying, the uptrend will continue. Also with the RSI having reached above the 75% mark, an additional upside price is likely, and the $1400 may be eventually broken to the upside.

Ethereum Price Prediction Today, October 25, 2022: ETH/USD Uptrend Is Reversing

Ethereum Price Prediction Today, October 25, 2022: ETH/BTC May Have Started a Downward Price Retracement

Besides the fact that price candles in the ETH/BTC market look bigger, there isn’t much difference between this market activity and the ETH/USD. Also, a bearish price candle has just formed above the MA line. Consequently, this implies a fall in price. However, price candles remain above the MA line leaving the possibility of an uptrend continuation. Furthermore, the Stochastic RSI curves are now about to touch each other at the tip for a crossover. If this is eventually actualized, it may mark the beginning of either a downside retracement or correction. An entry order can be placed. above the last candle to catch the trend if the uptrend continues, as the price may then reach the 0.07250 price level.

The IMPT is currently on pre-sale. And, while this has only lasted for some weeks, this cryptocurrency has raked in over $7 million. Also, with more than 25,000 affiliates plugging into its network, and are making use of its services, this has provided IMPT with strong support for it to take a huge jump immediately after the presale is completed.

After the first half of the Dash 2 Trade presale has been exhausted, it lasted for not up to four days. Yet D2T stays quite affordable with a D2T token costing just 0.05 USDT while we are at the second half of the presale. At this point, this program has raised $ 2 million.

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