Ethereum Price Weekly Analysis – Are You Selling?
Ethereum price managed to recover after heavy losses. The question now is whether recovery can continue? Can you plan to sell? Intraday Support Level can be $8.50. Intraday Resistance Level may be $11.50. Ethereum price dived sharply this past and trimmed more than 30% of gains to trade below the $10.00 support area. However, there was a major support area at $8.50-8.00, which managed to prevent any further losses. The price started a recovery and traded above the 23.6% Fib retracement level of the last drop from the $15.00 high to $8.09 low. This is a positive sign for the bulls in the....
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Ethereum classic price moved down against Bitcoin, and formed a new weekly low. ETC/BTC currently remains under selling pressure. Key Highlights. Ethereum classic price remained in a downtrend against Bitcoin, and it looks like it may continue to move down. Yesterday’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) continued to act as a resistance area. The price traded below an important support area of 0.0030BTC, which is a bearish sign in the short term. Ethereum Classic Price Decline. Ethereum classic price ETC continued to face sellers....
The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is announced. Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Ethereum merge from proof-of-work (POW) to proof-of-stake (POS). Related Reading: Will Ethereum Breach $2,000 Before The Merge? Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance) Ethereum Price Analysis On The Weekly Chart From the chart, the....
The price of Ethereum (ETH) has struggled to hold above $2,000 against Tether (USDT) after being rejected from that region. Ethereum price in the past few weeks outperformed the price of Bitcoin (BTC) but has shown bearish signs indicating the ETH price could be set to retest the nearest support. Related Reading: TA: Ethereum Could Take Hit As The Bulls Show Weak Hands Ethereum (ETH) Price Analysis On The Weekly Chart From the chart, the price of ETH saw a weekly low of $1,700, which bounced from that area and rallied to a price of $2,030 after showing great recovery signs in recent....
The price of Ethereum (ETH) has struggled to break out of a range against Tether (USDT) after being rejected from key resistance. Ethereum price has seen a relief bounce, with Bitcoin (BTC) rallying after closing the weekly candle with bullish sentiment from a daily low of $23,000 to a region of $24,100 in the early hours. (Data feeds from Binance) Related Reading: TA: Bitcoin Price Could Rally If There Is A Close Above This Key Resistance Price Analysis Of ETH On The Weekly Chart Ethereum’s price saw a weekly close of around $1,720, with a new candle opening bullish ahead of the....
The price of Ethereum (ETH) has struggled to hold above $2,000 against Tether (USDT) after being rejected from that region. Ethereum price in the past few days has struggled to reclaim the $2,000 mark that has become a resistance despite showing strong bullish signs and outperforming Bitcoin (BTC) in this relief rally. The price of ETH ranging has led to many feeling weary if bulls are still in control. Related Reading: Shiba Inu Trends Upwards Through Strong Whale Accumulations Ethereum (ETH) Price Analysis On The Weekly Chart From the chart, the price of ETH saw a weekly low of $1,012,....