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Ethereum 'shark' accumulation, Shanghai hard fork put $2K ETH price in play

Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors. On Jan. 8, Ether's price crossed above its...
Ethereum 'shark' accumulation, Shanghai hard fork put $2K ETH price in play
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Ether (ETH) price technicals suggest that 35% gains are in play by March 2022 due to several bullish technical and fundamental factors.

On Jan. 8, Ether's price crossed above its 21-week exponential moving average (21-week EMA; the purple wave) and 200-day simple moving average (200-day SMA; the orange wave).

ETH/USD daily price chart feat. 21-week EMA and 200-day SMA. Source: TradingView
Ethereum shark addresses. Source: Santiment
ETH/USD three-day price chart. Source: TradingView

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07-12-2023 11:11:01 (UTC+7)

EUR/USD

1.0762

0.0000 (0.00%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (4)

EUR/USD

1.0762

0.0000 (0.00%)

Summary

Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (4)

GBP/USD

1.2551

-0.0008 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (4)

USD/JPY

146.88

-0.43 (-0.29%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

AUD/USD

0.6531

-0.0018 (-0.27%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

USD/CAD

1.3606

+0.0014 (+0.11%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (5)

EUR/JPY

158.07

-0.49 (-0.31%)

Summary

Neutral

Moving Avg:

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Indicators:

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EUR/CHF

0.9421

+0.0004 (+0.04%)

Summary

↑ Buy

Moving Avg:

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Buy (8)

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Gold Futures

2,043.35

-4.55 (-0.22%)

Summary

↑ Sell

Moving Avg:

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Silver Futures

24.135

-0.093 (-0.38%)

Summary

↑ Sell

Moving Avg:

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Indicators:

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Copper Futures

3.7512

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Summary

Buy

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69.80

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Brent Oil Futures

74.68

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2.563

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US Coffee C Futures

175.85

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Euro Stoxx 50

4,483.75

+30.98 (+0.70%)

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↑ Sell

Moving Avg:

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Indicators:

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S&P 500

4,549.34

-17.84 (-0.39%)

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Moving Avg:

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DAX

16,656.44

+123.33 (+0.75%)

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Moving Avg:

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FTSE 100

7,515.38

+25.54 (+0.34%)

Summary

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Moving Avg:

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Indicators:

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Hang Seng

16,232.00

-242.00 (-1.47%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

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Buy (8)

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US Small Cap 2000

1,851.25

-4.79 (-0.26%)

Summary

↑ Sell

Moving Avg:

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Sell (7)

Indicators:

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IBEX 35

10,258.10

+19.70 (+0.19%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

Indicators:

Buy (0)

Sell (6)

BASF SE NA O.N.

44.440

+0.840 (+1.93%)

Summary

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Moving Avg:

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Bayer AG NA

32.39

+0.69 (+2.16%)

Summary

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Moving Avg:

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Allianz SE VNA O.N.

240.95

+2.20 (+0.92%)

Summary

Buy

Moving Avg:

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Adidas AG

197.00

+1.72 (+0.88%)

Summary

↑ Sell

Moving Avg:

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Sell (8)

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Sell (7)

Deutsche Lufthansa AG

8.585

+0.266 (+3.20%)

Summary

Sell

Moving Avg:

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Indicators:

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Siemens AG Class N

160.92

+2.18 (+1.37%)

Summary

Neutral

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Deutsche Bank AG

11.670

+0.100 (+0.86%)

Summary

Buy

Moving Avg:

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    EUR/USD 1.0762 Sell  
    GBP/USD 1.2551 ↑ Sell  
    USD/JPY 146.88 ↑ Buy  
    AUD/USD 0.6531 ↑ Buy  
    USD/CAD 1.3606 Neutral  
    EUR/JPY 158.07 Neutral  
    EUR/CHF 0.9421 ↑ Buy  
    Gold 2,043.35 ↑ Sell  
    Silver 24.135 ↑ Sell  
    Copper 3.7512 Buy  
    Crude Oil WTI 69.80 ↑ Buy  
    Brent Oil 74.68 Neutral  
    Natural Gas 2.563 ↑ Buy  
    US Coffee C 175.85 ↑ Buy  
    Euro Stoxx 50 4,483.75 ↑ Sell  
    S&P 500 4,549.34 Sell  
    DAX 16,656.44 ↑ Sell  
    FTSE 100 7,515.38 ↑ Sell  
    Hang Seng 16,232.00 ↑ Buy  
    Small Cap 2000 1,851.25 ↑ Sell  
    IBEX 35 10,258.10 ↑ Sell  
    BASF 44.440 ↑ Buy  
    Bayer 32.39 ↑ Buy  
    Allianz 240.95 Buy  
    Adidas 197.00 ↑ Sell  
    Lufthansa 8.585 Sell  
    Siemens AG 160.92 Neutral  
    Deutsche Bank AG 11.670 Buy  
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Sản phẩm Vùng 1 Vùng 2
RON 95-V23.68024.150
RON 95-III22.99023.440
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