Ethereum Price Technical Analysis – Shows Signs of Further Upsides
Ethereum price traded with a bullish bias recently. If we consider the current price action, then ETH/USD may move higher in the near term. Ethereum price ETH showed once again that it’s not out of woods yet. There was a minor upside reaction during the past couple of sessions, as ETH/USD traded as high as $10.00 where it found offers. The price moved back towards the $8.50 support area, and currently attempting to move higher once again. However, ETH is currently facing a hurdle in the form of a bearish trend line on the hourly chart (data feed via Kraken). Moreover, the 50% Fib....
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Ethereum has started to show signs of life again after weeks of muted price action, but one analyst believes the current move is only the beginning of something much larger. This inclination is based on a technical setup built around a hidden inefficiency zone after the Ethereum price recently broke above $4,500. The technical analysis shows that the unfilled gap may be the first waypoint in a recovery that eventually pushes the ETH price to five figures above $10,000. The FVG Zone Now Acting As A Magnet Technical analysis done by crypto analyst Crypto Patel laid out a path to where the....
Ethereum price finally broke $20.0, which is a sign that the ETH bulls are in control. Can it continue to trade higher or should we trade safe? Key Highlights. Ethereum price finally tested and broke my much anticipated target of $20.0 against the US Dollar. During my last couple of analysis, I highlighted that the price may test or even break the $20.0 resistance level in the short term. There was a resistance trend line on the hourly chart (data feed via Kraken) of ETH/USD, which was cleared recently to open the doors for more upsides. Ethereum Price Support. Ethereum price ETH continued....
Ethereum price broke a major consolidation pattern, and if the ETH/USD bulls remain in control there is a chance of more upsides. Ethereum Price – New Weekly High Possible? Ethereum price ETH showed a lot of positive signs yesterday, as it managed to gain bids vs the US Dollar. There was a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which was broken during the upside move. The price settled above the pattern resistance area, and even closed above $9.00. One significant bullish sign is the fact that the price is now well above the 100 hourly....
A crypto analyst, who publishes technical analysis to his audience on X, has released a zoomed-out weekly Ethereum chart that interprets the current price weakness as the final stage of a multi-year accumulation cycle. As it stands, the Ethereum price is trading around $2,100 and 57% below its peak. Therefore, the technical analysis is suggesting that […]
Ethereum price after finding buyers below $14.00 started to move higher, and currently looks set to break a major resistance. Key Highlights. Ethereum price slowly and steadily moving higher against the US dollar, and looks set for more upsides. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is almost breached as this analysis was written. A successful close above the trend line resistance could ignite more gains in the near term. Ethereum Price Break. Ethereum price ETH started recovering this past week, and it looks like the price is set....