Ethereum Price Retreats—Will It Find Support or Drop Further?
Ethereum price failed to clear the $2,320 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,220 resistance. Ethereum started a fresh upward move above the $2,120 support zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $2,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,220 and $2,320 resistance levels to start a decent increase. Ethereum Price Dips Again Ethereum price started a decent increase from the $2,000 zone, like....
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Ethereum is having a good week, staying in the green zone of the crypto space for the past seven days and raising its price by 3.7%. Ethereum is currently caught in an inverted pennant pattern A resumption of the bearish trend is highly possible for the altcoin $1,130 might be new support marker for Ethereum The second largest cryptocurrency by market capitalization is currently trading at $1,324 according to Coingfecko at the time of this writing while its 24-hour trading volume stands at a little over $5 billion. But the widely recognized king of all altcoins and its investors should....
Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average. Ethereum failed to stay above the $1,200 support and declined heavily below $1,150. The price is down 20%, and it is approaching the […]
Ethereum price looks like setting up for a minor correction towards a major support area of $13.20 where it may find buyers. Key Highlights. Ethereum price after posting a minor high around $14.38 vs the US Dollar found offers, and started consolidating gains. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still in the action and may act as a support area. The price may correct a few points down before it can find bids once again in the short term. Ethereum Price – $13.20 As Support. Ethereum price ETH may have made a short-term top near....
Ethereum price started recovering Intraday against the US Dollar, but it looks like the upside may stall as there is a major resistance around $13.50. Key Highlights. Ethereum price after moving below the $12.00 support area against the US Dollar started recovering. However, the ETH/USD pair is heading towards a major resistance area around the $13.50 level. This week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still intact and may act as a barrier for the buyers. Ethereum Price Resistance. Ethereum price ETH after falling close to the $11.30....
Ethereum price might be ready to resume its drop to its previous lows or much lower after correcting to an area of interest. Ethereum price had been moving inside a range between resistance near 0.00230 and support at 0.00215 before breaking to the downside. Price dipped to a low of 0.00205 before showing signs of a pullback. Using the Fibonacci retracement tool on the latest swing high and low shows that the 50% level lines up with the broken support, which might now hold as resistance. Ethereum price might be ready to resume its drop to its previous lows or much lower after correcting to....