Top 3 cheap crypto to buy as Ethereum price goes parabolic
The post Top 3 cheap crypto to buy as Ethereum price goes parabolic appeared on BitcoinEthereumNews.com. Ethereum price went parabolic on Tuesday, crossing the key psychological threshold of $4,500 for the first time since November 2021. Ethereum (ETH) has advanced 218% from its April low, giving it a market capitalization of over $533 billion. This rally could boost top ERC tokens. This article examines some of the best low-priced crypto assets to consider as the surge continues. Cheap crypto to buy as Ethereum price rallies Ethereum’s price has strengthened due to ongoing ETH ETF inflows and demand from Ethereum treasury companies such as BitMine, The Ether Machine, and SharpLink. Historically, ETH price surge leads to more upside among most ERC tokens. Some of the most notable tokens to buy are Pepe (PEPE), Chainlink (LINK), and Ethena (ENA). 1. Pepe Pepe chart | Source: crypto.news Pepe is one of the best low-priced tokens to consider as Ethereum rallies because it is the second-largest meme coin in its ecosystem after Shiba Inu. The daily chart shows the token has remained above the 50-day and 100-day Exponential Moving Averages. Pepe price has also broken above the ascending trendline connecting the lowest swings since March. The token will likely see a bullish breakout and could retest the resistance level at $0.00001628, which is 35% above the current price. 2. Chainlink LINK price chart | Source: crypto.news Chainlink is another low-priced crypto to consider as ETH advances. It has strong technicals, having formed a double-bottom pattern at $11. Notably, it has entered the third phase of the Elliott Wave pattern, one of the most bullish signals. It has also formed a golden cross, which occurs when the 50-day and 200-day Exponential Moving Averages cross. The Relative Strength Index has risen to the overbought level of 70, while the Average Directional Index has climbed to 30. The token will likely continue advancing,…
The post Top 3 cheap crypto to buy as Ethereum price goes parabolic appeared on BitcoinEthereumNews.com.
Ethereum price went parabolic on Tuesday, crossing the key psychological threshold of $4,500 for the first time since November 2021. Ethereum (ETH) has advanced 218% from its April low, giving it a market capitalization of over $533 billion. This rally could boost top ERC tokens. This article examines some of the best low-priced crypto assets to consider as the surge continues. Cheap crypto to buy as Ethereum price rallies Ethereum’s price has strengthened due to ongoing ETH ETF inflows and demand from Ethereum treasury companies such as BitMine, The Ether Machine, and SharpLink. Historically, ETH price surge leads to more upside among most ERC tokens. Some of the most notable tokens to buy are Pepe (PEPE), Chainlink (LINK), and Ethena (ENA). 1. Pepe Pepe chart | Source: crypto.news Pepe is one of the best low-priced tokens to consider as Ethereum rallies because it is the second-largest meme coin in its ecosystem after Shiba Inu. The daily chart shows the token has remained above the 50-day and 100-day Exponential Moving Averages. Pepe price has also broken above the ascending trendline connecting the lowest swings since March. The token will likely see a bullish breakout and could retest the resistance level at $0.00001628, which is 35% above the current price. 2. Chainlink LINK price chart | Source: crypto.news Chainlink is another low-priced crypto to consider as ETH advances. It has strong technicals, having formed a double-bottom pattern at $11. Notably, it has entered the third phase of the Elliott Wave pattern, one of the most bullish signals. It has also formed a golden cross, which occurs when the 50-day and 200-day Exponential Moving Averages cross. The Relative Strength Index has risen to the overbought level of 70, while the Average Directional Index has climbed to 30. The token will likely continue advancing,…
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