Ethereum

Ethereum Name Service

Ethereum Classic

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-stack-as-the-ethereum-etf-launch-approaches/" rel="noopener noreferrer nofollow">Top Altcoins To Stack As the Ethereum ETF Launch Approaches!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the rising volatility in the cryptocurrency market, the <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/" target="_blank" rel="noopener noreferrer nofollow">Ethereum price</a> continues to hover above its $3,500 mark, highlighting an increase in the bullish sentiment in the crypto space.</p>
<p>Further, with the Ethereum ETF listing hours away, the altcoin leader is predicted to gain momentum and record a strong bullish action, possibly achieving the $4,000 mark this week.</p>
<p>Scroll down as, in this article, we have covered the top Ethereum-based tokens that have a high potential of recording a massive surge in their respective portfolio following the ETH ETF launch.</p>
<h2 class="wp-block-heading" id="h-ethereum-classic-etc-price-action">Ethereum Classic (ETC) Price Action:</h2>
<p>Despite recording a correction of approximately 2% within the past 24 hours, the <a href="https://coinpedia.org/price-prediction/etc-ethereum-classic-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Classic price</a> has 2.26% over the past week. Further, with a trading price of $23.49 and a market cap of $3.472 Billion, this altcoin has secured the 27th position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdO--2QVMSVP79Hi0GgorVVvEVnNOGb0eMNpTWxzHm5rBUS0brX1Ylh_AolkHq3kwudIfWJby5Vs-229sLwjE3GrDH1rq8qJawZqMxKqq8arFOEWYPnGbwqHPoGBVrAALEIQQF8UraU9ETZj0GdfR13l_DX?key=6BZCIG9K3TA8B04po8ODXg" alt="Ethereum Classic Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ETC/USDT
 </figcaption>
</figure>
<p>The EMA 50-day acts as a resistance to the <a href="https://markets.coinpedia.org/ethereum-classic/" target="_blank" rel="noopener noreferrer nofollow">ETC price</a> chart in the 1D time frame. Further, the MACD indicator displays a constant green histogram. This highlights increased price action in the crypto space.</p>
<p>If the bulls regain momentum, the Ethereum Classic price will prepare to test its upper resistance level of $29 during the upcoming weeks. Conversely, if the bears dominate the market, the ETC coin price will retest its low of $22 this month.</p>
<h2 class="wp-block-heading" id="h-ethereum-name-service-ens-price-analysis">Ethereum Name Service (ENS) Price Analysis:</h2>
<p>The ENS price has gained significant attention from the crypto market over the past months, resulting in it adding over 150% to its valuation this year. With a market capitalization of $861.161 Million, it is currently trading at a discount of 69.48% from its previous ATH of $85.69.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXezlJgc5nl59OyOxrVBSVhf57HN0f1UGUrzE5uQzL5PmyBHGjCHpBh3kq6uhjFpE5Mk5dgPyHXHZTomzrjWrkeB3BI2XUkcq5QgBBrqbcqKQkJZBsV26DsFxSh9pZuOE-_eScRGN0hVZ9Zj4vmA9RWhKeiC?key=6BZCIG9K3TA8B04po8ODXg" alt="Ethereum Name Service Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ENS/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) continues to hover close to its mid-point in the 1D time frame. However, the average has recorded a bearish convergence in the 1D time frame, suggesting a mixed sentiment for the altcoin in the cryptocurrency market.</p>
<p>If the market records a positive price action following the ETH ETF listing, the ENS price will start trading under a bullish sentiment. This could result in the altcoin heading toward its upper high of $32.50. However, bearish action could pull the Ethereum Name Service price toward its low of $22.75.</p>
<h2 class="wp-block-heading" id="h-ethena-ena-price-action">Ethena (ENA) Price Action:</h2>
<p>Amid increased price volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/ethena-ena-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Ethena price</a> has plunged approximately 5% within the past day with a trading volume of $72.80 Million. However, it has added 9.09% over the last week, resulting in its securing the 89th position with a market cap of $789.93 Million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfLa8KsewHWPV_B0u1v81_k8YMtodtt2FZ6Vp3qOd2SxZbUqONazx7qPVgKccvoN-MbcV7lATVA47O5fQRQOIrG_a_mRVCIdBWVJNm3r4zKklmvU6F_Hzz_0RFDe_7SObN8OV7VMAPKfOvLInByqERE_GsS?key=6BZCIG9K3TA8B04po8ODXg" alt="Ethena Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ENA/USDT
 </figcaption>
</figure>
<p>The technical indicator, RSI, has failed to test its neutral point with its average recording a negative action. This highlights a weak buying and selling pressure for the altcoin in the market.</p>
<p>The Moving Average Convergence Divergence (MACD) displays a constant decline in the green histogram with its averages showing a neutral action. This indicates a declined price action for the Ethena price.</p>
<p>If the market starts trading under a bullish sentiment, the <a href="https://markets.coinpedia.org/ethena/" target="_blank" rel="noopener noreferrer nofollow">ENA price</a> will regain momentum and prepare to test its upper resistance level of $1.075 during the upcoming weeks. On the flip side, the altcoin could plunge toward its crucial support level of $0.375.</p>

Top Altcoins To Stack As the Ethereum ETF Launch Approaches!

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