Ethereum Price Technical Analysis - 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....
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Ethereum classic price faced a lot of offers recently versus Bitcoin, and it may continue to face sellers in the near term. Key Highlights. Ethereum classic price continued to weaken against Bitcoin and looks set for more losses moving ahead. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a hurdle if the price recovers. It looks like the ETC may decline further and test the all-important 0.0020BTC level. Ethereum Classic Price Decline. Ethereum classic price failed to move higher against Bitcoin and traded lower. In my last....
Ethereum price traded down finally and also moved back below $10.0. It looks like there is a chance of a minor correction moving ahead. Intraday Support Level can be $9.07. Intraday Resistance Level may be $10.5. Ethereum price as highlighted yesterday made a new high of $11.98 where it found sellers and started to move down. The price also traded below the $10.0 level, which is a sign that bulls stepped back and failed to prevent losses. If the bears manage to gain strength, then there is a chance of more losses in the near term.
Ethereum classic price after trading a few points higher traded down. It looks like ETC may continue to head lower moving ahead. Key Highlights. Ethereum classic price after bouncing a couple of times against the US Dollar traded down. Yesterday’s highlighted bullish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken to open the doors for more losses. If the recent break is true, then there is a chance of more losses in the short term. Ethereum Classic Price Support. Ethereum classic price ETC dipped once yesterday, tested a trend line support and traded higher.....
Key Highlights. Ethereum price found resistance around the bearish trend line as highlighted in yesterday's post. There was a downside reaction, which took the price further lower to create a new low of 0.00242BTC. More losses are possible moving ahead, as there is a lot of bearish pressure at the moment. Ethereum price remains at risk of a break lower, as it moved below 0.00250BTC and looks poised for more losses. New Low? The Ethereum price made an attempt to correct higher, but it found sellers on the upside. An immediate resistance around the 23.6% Fib retracement level of the last....
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,....