Ethereum Bulls Face Crucial Test: Will $1,550 Withstand the Pressure?
Ethereum price is consolidating above the $1,550 support against the US dollar. ETH could decline heavily if the bulls fail to protect $1,550 and $1,540. Ethereum is struggling to start a recovery wave from $1,550. The price is trading below $1,585 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with resistance near $1,565 and $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if the bulls defend the $1,550 support zone. Ethereum Price Faces Resistance Ethereum remained in a bearish zone below the $1,600....
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Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,070 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate lower if there is a close below the $2,850 support zone. Ethereum Price Consolidates Ethereum price attempted another recovery wave and remained....
Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […]
Ethereum classic price continued to face selling pressure versus Bitcoin and declined. Can ETC/BTC recover in the near term? Key Highlights. Ethereum classic price declined against Bitcoin further and traded below the 0.0020BTC level. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is put to test at the moment. The price is currently struggling to clear the 100 hourly simple moving average, which is acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price continued to decline against Bitcoin and even broke....
Ethereum price managed to stay positive despite a lot of pressure from BTC. Can the current trend in ETH/USD continue moving ahead? Key Highlights. Ethereum price showed a lot of resiliency and traded higher this past week vs the US dollar. There was a bearish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which was breached during the upside move. The price also settled above the 100 simple moving average (H4), which is a sign that ETH bulls are in control. Ethereum Price – Move Towards $15.00? Ethereum price ETH remained above the all-important $12.00 support....