2285.840
Today
+3.21%
5 Days
+21.37%
1 Month
+22.64%
6 Months
+17.48%
Year to Date
-23.25%
1 Year
-44.96%
Opening Price
2297.920Previous Closing Price
2215.620Cryptocurrency prices are extending gains on Thursday, led by Bitcoin’s (BTC) climb above $70,000. Ethereum (ETH) remains bullish, trading above $2,200, while Ripple (XRP) has recovered above $1.15 as bulls tighten their grip.
• Easing macroeconomic conditions and Treasury policy measures boosted institutional capital flows into Ethereum. • Spot Ethereum ETFs and derivatives short-covering activity drove prices past key resistance levels. • Technical indicators like the RSI and Williams %R suggest overbought market conditions.
The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs.
Ethereum (ETH) has gained nearly 18% on Wednesday, sparking heavy short liquidations after weeks of sideways price action.
The cryptocurrency market has seen nearly $2 billion in liquidations over the past 24 hours, its largest since February 5.
• Capital flowed into Ethereum following new regulatory frameworks and stable macroeconomic conditions. • Spot ETF inflows and record staking drove asset-specific demand and supply constraints. • Technical indicators show neutral MACD and RSI levels with overbought Williams %R.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

The price could retrace.
below 2,255, expect 2,232 and 2,218.
As long as 2,255 is support, look for 2,335
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