Ethereum Price Turns Bearish Below $2,000—More Losses Ahead?

Ethereum Price Key Highlights. We mentioned in yesterday's post that the Ethereum price accelerated lower and traded near 0.00251BTC. Sellers were not convinced and managed to take the price lower below the mentioned level. A new low of 0.00230BTC was created, and it looks like there is a risk of more losses moving ahead. Ethereum price continued to trade lower and even breached 0.00251BTC to trade near 0.00230BTC. A break below 0.00230BTC feasible? The downside pressure increased on the Ethereum price Intraday, and as a result there was a new low formed recently. The price traded as low....

Ethereum declined below the $1,120 support against the US Dollar. ETH is now at a risk of more losses if it stays below the key $1,150 resistance. Ethereum remained in a bearish zone below $1,200 and $1,150 levels. The price is now trading below $1,150 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further if there is a clear move below the $1,050 support zone. Ethereum Price Turns Red Ethereum remained in a bearish zone and extended losses below....

Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term. Ethereum started a fresh decline below the $2,350 support zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,160 and $2,250 resistance levels to start a recovery wave. Ethereum Price Dives 15% Ethereum price failed to clear the $2,550 resistance zone and started a fresh decline,....

Ethereum price registered heavy losses and even closed below the $12.00 handle against the USD. Can the price recover moving ahead? Key Highlights. Ethereum price dived sharply against the US Dollar, and one of the main reasons could be Ethereum classic price surge. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier in pushing the price down. There was a heavy bearish pressure noted on ETH/USD, which could stay here for some time. Ethereum Price Weakness. Ethereum price ETH was under a lot of bearish pressure during....

Key Highlights. Dogecoin price cleared a contracting triangle as highlighted recently, and traded lower. The price remains under the bearish pressure, which means more losses are possible moving ahead. A new weekly low was formed below 55.0 Satoshis, which can act as a support moving ahead. Dogecoin price suffered more losses and created a new low at 54.5 Satoshis, as buyers failed to hold the downside. More Losses. The Dogecoin price weakened Intraday, as sellers managed to clear an important support area in the form of a contracting triangle. We anticipated a break in yesterday's post,....