Ethereum Price Aims Higher—Can Bulls Push Past Key Resistance?
Ethereum price started a recovery wave from the $2,000 support zone. ETH is now rising and might aim for a move above the $2,350 resistance zone. Ethereum started a fresh upward move above the $2,220 support zone. The price is trading above $2,220 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,275 and $2,350 resistance levels to start a decent increase. Ethereum Price Eyes A Comeback Ethereum price started a fresh decline below the $2,350 zone, like....
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Ethereum price has been rejected again at the $1,299 price mark as the coin retraced on its chart over the past day. In the last 24 hours, ETH barely experienced price movement on its chart. Continued lateral trading will push Ethereum price to the $1,200 support level. Bitcoin also remained mundane over the last 24 hours, and most altcoins have acted the same way. The technical outlook of Ethereum signalled that the bulls are not in control of the market. It was due to constant rejection at the $1,300 price mark. Lack of demand will cause Ethereum to oscillate between the $1,260 and....
Ethereum price popped above a major resistance area of $11.80. Now, can it provide support and push ETH higher versus the USD? Ethereum price kept struggling near the $11.80 resistance area, as highlighted in yesterday’s post. However, the ETH bulls finally managed to take the price above the stated level, and there was an hourly close above it. Now, the price is moving down, and the same resistance area is currently acting as a support and helping the bulls to regain ground. There is an ascending channel pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which may play....
Ethereum prices surge from the low of $980 to a high of $1,743 with so much excitement as regards the merge coming up in a few weeks. With the monthly close, there have been high expectations for the Ethereum price to reach a region of $2,000 -$2,400. Ethereum Weekly Chart The Ethereum price surged from the low $1,012 to $1,743 after several weeks of a downtrend. There was a bit of relief bounce from Ethereum haven traded below the 50 & 200 Exponential moving average (EMA). Ethereum, as of writing, is trading at $1,580 after being rejected at $1,722; Ethereum could not break the weekly....
Ethereum price has moved up on its chart over the last 24 hours. The altcoin witnessed a 4% growth in the same time frame. This has pushed the price of the altcoin closer to the immediate resistance. Once the Ethereum price moves above the closest resistance level, the bulls could definitely take control of the market. Technical indicators of the altcoin have pointed towards bullish signals. However, it is too soon to say if the bulls will remain on the chart over the next trading sessions. Bitcoin price also logged minor gains, which have turned certain altcoins green over the last 24....
Ethereum price looks hesitant, but if the ETH/USD bulls manage to gain strength, then a move towards $10.40 is possible in the near term. Ethereum price ETH traded down from $10.40 to $8.40 recently, and then started to consolidate losses. The price is currently moving higher, and may be heading towards a major resistance area in the form of a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD. The highlighted trend line resistance area acted as a hurdle for the ETH bulls earlier and might stall gains one more time. However, there is one positive to note, which....