Ethereum Price Technical Analysis – ETH Consolidating Gains
Ethereum price is consolidating, and may be setting up for the next move. Will it move higher or break down vs the US dollar? Key Highlights. Ethereum price stayed in the bullish zone vs the US Dollar, and it looks like it is consolidating before the next move. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a resistance for an upside move. A continuous failure to trade higher may call for a downside break in ETH in the short term. Ethereum Price – Watch For A Break. Ethereum price ETH attempted on a couple of occasions to....
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Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC) was trading marginally lower on Saturday, as prices fell below a key resistance point. Following yesterday’s high of $24,294.79, which saw prices briefly breakout of the ceiling at $24,200, BTC/USD dropped to a low of $23,481.17 earlier in the day.....
Bitcoin was consolidating above $23,000 to start the weekend, as traders continue to react to yesterday’s nonfarm payrolls figure. It was confirmed that 528,000 jobs were added to the U.S. economy in July, which helped boost crypto prices. Ethereum consolidated on Saturday, after reentering the $1,700 region yesterday. Bitcoin Bitcoin (BTC) was consolidating Friday’s gains to start the weekend, as traders continued to respond to July’s nonfarm payrolls report. Following the release of the data, BTC/USD surged to an intraday peak of $23,422.83 on Friday. However, this....
Ethereum price upside move stalled near $13.20 against the US Dollar, and the ETH/USD pair is now consolidating and preparing for the next move. Key Highlights. ETH price after finding resistance near $13.22 against the US Dollar started a consolidation phase. It looks like a contracting triangle pattern is formed on the hourly chart of ETH/USD (data feed via SimpleFX) with support at $12.50. The pair might test the $12.50-40 support area before making an attempt to move higher once again. Ethereum Price Breakout Pattern. Yesterday’s upside move in ETH price came to a halt near $3.20....
Ethereum is consolidating gains above $1,750 against the US Dollar. ETH price is likely to start a strong increase towards $2,000 as long as it is above the $1,700 support. Ethereum failed to clear the $1,850 resistance and corrected lower below $1,800. The price is now holding gains above $1,750 and the 100 hourly simple […]
Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains. Bitcoin was also consolidating, as it continued to trade above $41,000 during Monday’s session. Bitcoin Despite a selloff to end last week, prices of BTC continued to hover above $41,000 on Monday, as market bulls appear to still be holding onto their positions. Following a low of $40,668.04 earlier in today’s session, BTC/USD rose to an intraday high of $41,607.47 on Monday. Although BTC is now trading around the $41,379 area, it remains 0.45%....