Ethereum Price Holds Ground—Are Bulls Preparing for the Next Move?
Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone. Ethereum started a fresh increase above the $2,620 resistance level. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,750 and $2,800. Ethereum Price Eyes Steady Increase Ethereum price remained supported above the $2,550 level, like Bitcoin. ETH formed a....
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Ethereum price is currently trading with a positive bias against the US Dollar, and if the current trend remains intact more gains are likely. Key Highlights. Ethereum price after surging higher started a correction yesterday, and currently preparing for a break. There is a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which may provide us the next move. My idea of buying continued to play well, as the ETH bulls bought every major dip in ETH/USD. Ethereum Price Resistance. Ethereum price ETH started a correction phase yesterday after a strong....
Ethereum price is trading near a major confluence resistance area of $15.00. Let us see how we can trade ETH/USD in the current situation. Key Highlights. Ethereum price stayed elevated against the US Dollar, but I think one should trade carefully moving ahead. There is a monster resistance area formed near $15.00, which acted as a barrier on many occasions. There is likely a Triple top pattern forming on the daily chart (data feed via Kraken) of ETH/USD, which if valid might call for losses. Ethereum Price Triple Top? Ethereum price ETH for the third time trading near the $15.00....
Ethereum price may gain further in the short term. ETH bulls have to break the 100 SMA resistance area for a move towards $10.50. Ethereum price ETH gained traction recently against the US Dollar and managed to climb above a major resistance area of $8.50. During the upside move, ETH/USD also broke a bearish trend line on the 4-hours chart (data feed via Kraken) to set the pace for more gains. However, the upside was stalled near the 100 simple moving average (H4 chart), which is currently acting as a barrier and preventing gains. If the price has to gain more strength, then ETH bulls have....
Ethereum price is consolidating, and may be setting up for the next move. Will it move higher or break down vs the US dollar? Key Highlights. Ethereum price stayed in the bullish zone vs the US Dollar, and it looks like it is consolidating before the next move. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a resistance for an upside move. A continuous failure to trade higher may call for a downside break in ETH in the short term. Ethereum Price – Watch For A Break. Ethereum price ETH attempted on a couple of occasions to....
Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support. Ethereum Set to Break Dramatically Higher Once It Holds $500: Analyst The cryptocurrency is currently positioning to move higher as it holds the $390-400 region. As reported by Bitcoinist previously, analysts say that if the coin […]