TA: Ethereum Prints Bullish Pattern, Why ETH Could Revisit $4.5K
Ethereum is stable above the $4,250 pivot level against the US Dollar. ETH could accelerate higher if there is a clear break above the $4,350 resistance zone. Ethereum is trading in a bullish zone above the $4,200 level. The price is consolidating above $4,250 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $4,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear break above the $4,350 resistance zone. Ethereum Price Is Rising Ethereum formed a base above the....
Ethereum is gaining bullish momentum above $375 against the US Dollar. ETH price is showing positive signs and it might even climb above the $385 resistance. Ethereum started a fresh upward move after forming a support base near $368. The price is now trading well above the $375 level and the 100 hourly simple moving […]
Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls. The chart shows that over the past few months and even stretching into 2018, the high-$300s were an important level for Ethereum to hold. The […]
Chainlink (LINK) started a sharp decline after forming a head and shoulders pattern (as discussed in the previous analysis). The bears are gaining strength and aiming a test of $10.20. Chainlink token price started a fresh decline after it failed to clear the $12.50 resistance against the US dollar. The price is now trading below […]
Ethereum is showing positive signs above the key $355 support against the US Dollar. ETH price could accelerate higher if it clears the $365 resistance zone. Ethereum is slowly rising and it is now trading well above the $355 support. The price is currently testing the $362 resistance and is above the 100 hourly simple […]
Ethereum extended its increase above the $1,750 and $1,800 resistance levels against the US Dollar. ETH price is showing positive signs and it is likely to revisit the $2,000 resistance zone. Ethereum is gaining bullish momentum above the $1,700 and $1,800 resistance levels. The price is now trading well above $1,800 and the 100 hourly […]