Ethereum Price Weekly Analysis – Can Uptrend In ETH Continue?
Ethereum price is showing a lot of bullish signs versus the US dollar on the daily chart, but there is a warning as well. Read in detail to know more. Key Highlights. Ethereum price moved higher recently against the US Dollar and traded above the $12.00 resistance area If we look at the daily chart of the ETH/USD, then there was a break above a bearish trend line (data feed via Kraken) of ETH/USD. The best part is the fact that the price is above the 100-day simple moving average, which is a positive sign for the long term traders. Ethereum Price – Double Top or Upside Move? Ethereum price....
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Ethereum ETH price regained its bullish trend against Tether (USDT) as it builds more strength to break above the key resistance ahead of “The Merge.” ETH price saw a rejection to a region of $1,500 recently as it could not hold its bullish trendline acting as support. (Data from Binance) Related Reading: Shiba Inu Burn Events Spark A Rally In Altcoin Over The Past Weeks Ethereum ETH Price Analysis On The Weekly Chart From the chart, the price of ETH saw its price rejected to a region of $1,540 on the weekly chart as the price was unable to hold $1,700 and the trendline acting....
After showing so much strength as the price rallied from $1,024 to a region of $2,000 against tether (USDT) ahead of the anticipated merge, many call for a bull run and a $4,000 Ethereum price at the end of the “Ethereum Merge.” The price of Ethereum has not shown that run it showed in recent months as the price has struggled to break above $1,800. (Data from Binance) Related Reading: Why Cardano (ADA) Could Be Registering Another Decline, Analyst Explains Ethereum (ETH) Token Price Analysis On The Weekly Chart ETH saw a decline in its price from $4,500 to around $1,024, with....
ETH’s price needs to stay above $1,500 for the price to have a chance to rally high to a region of $1,700. ETH’s price continues to trend, creating a more bullish bias as the price aim for $1,700, where the price could face resistance. ETH’s price remains strong, holding key support on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The crypto market had a good run in the previous week as the price of Ethereum (ETH) leveled up to the expectations of many holding out for the price to continue in its uptrend as many traders looked....
Ethereum price traded with a bullish bias this past week, and it looks like ETH may continue to trade higher in the near term. Ethereum price broke a resistance area this past week vs the US Dollar and traded higher. There was a contracting triangle pattern formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which was broke to clear the way for more gains. The price may correct a few points higher, and might find buyers near the $9.50 support area. Ethereum price ETH was in an uptrend this past week vs the US Dollar, and it broke $10.0 to trade towards $11.00 where it found....
Ethereum price moved above $10, which was a major hurdle. Moving ahead, more gains are likely as the uptrend seems to be intact. Intraday Support Level can be $9.80. Intraday Resistance Level may be $10.50. Ethereum price surprised many traders, but our view of buying it played out well. I even mentioned that there is a chance of it testing the $10 handle. The price did trade higher and broke the $10 handle. I was anticipating some selling pressure near the stated level, but that did not happen. The price continued to move higher and traded as high as $10.48. There is now a bullish trend....