Ethereum Price Broke Past $1,800 Despite Higher Demand At Lower Levels
Ethereum price flashed recovery over the last 24 hours after it witnessed consolidation at the $1,800 price mark. Over the last week, ETH logged 20% appreciation. It has been a bullish week for the king altcoin. The last time the altcoin traded around this price level was almost two months ago. It had failed to topple over the $1,900 zone and had retraced shortly after that. The robust support line for Ethereum price was at $1,600. Ethereum price could possibly witness a sharp change once the Ethereum Merge goes live next month. The Merge is the transition from proof-of-work to....
Related News
Ethereum price traded with a bullish bias this past week, and it looks like ETH may continue to trade higher in the near term. Ethereum price broke a resistance area this past week vs the US Dollar and traded higher. There was a contracting triangle pattern formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which was broke to clear the way for more gains. The price may correct a few points higher, and might find buyers near the $9.50 support area. Ethereum price ETH was in an uptrend this past week vs the US Dollar, and it broke $10.0 to trade towards $11.00 where it found....
Ethereum price made a major move this past week versus the US Dollar, and it remains supported as there is a crucial support on the downside. Key Highlights. Ethereum price surged higher this past week against the US Dollar and made a high of $14.22. The price remains supported as there is a bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX). The price may dip from the current levels, but the bulls may be able to protect the downside. Ethereum Price Trend Line. Ethereum price ETH surged higher recently versus the new dollar and we even saw a new monthly high....
Ethereum price dived sharply during the past two sessions. ETH/USD broke a major support, which may now act as a sell zone. Ethereum price ETH failed to move higher during the past couple of sessions against the US Dollar and traded lower. Yesterday, I highlighted contracting triangle pattern on the hourly chart (data feed via Kraken) of ETH/USD, and was looking for a break. The price instead of moving higher, moved down and broke a major support area of $8.00-$7.80. The price traded as low as $7.26, and attempted a recovery once. However, ETH found offers near the 23.6% Fib retracement....
Ethereum broke the major $1,750 and $1,710 support levels against the US Dollar. ETH price is likely to continue lower below the $1,660 and $1,650 support levels. Ethereum failed to stay above the key $1,750 and $1,710 support levels. The price is currently trading well below $1,710 and the 100 hourly simple moving average. There […]
Ethereum classic price fell during the past 12 hours and broke a major support area, suggesting a change in bias from bullish to bearish. Key Highlights. Ethereum classic price once again lost the plot against the Bitcoin, and started trading lower. The ETC/BTC pair broke a major support area at 0.00118BTC on the hourly chart (data feed via Simplefx) of ETC/BTC, which may ignite further losses. If ETC price correct higher from the current levels, then the same level may now act as a resistance. Ethereum Classic Price Resistance. Yesterday, I highlighted a monster trend line resistance on....