Ethereum Price Weekly Analysis – Can Decline Stop In ETH?
Ethereum price declined heavily due to the DAO hack, and lost around 40% of the value. Can losses stop in ETH or will it continue to move down? Key Highlights. Ethereum price moved down sharply and traded close to the $10.0 level against the US Dollar. There was a bullish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which was breached during the downside move. The price is currently trading around the 100 simple moving average (H4), which may play a major role for the next move. Ethereum Price Decline. Ethereum price ETH fell like a stone during the past few....
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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....
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....
Ethereum price traded towards $7.00 handle against the US Dollar this past week, and it looks like there can be more decline in ETH/USD going forward. Key Highlights. Ethereum price continued to decline against the US Dollar and Bitcoin, and may extend the downside. There is a monster bearish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which is acting as a hurdle for more losses. The pair may retest the $7.20 level if the ETH buyers fail to break the trend line resistance. Ethereum Price Resistance. There was a sharp decline in Ethereum price against the US....
Ethereum price is recovering well at the moment against the US dollar and Bitcoin, but also reaching a major pivot area. Key Highlights. Ethereum price managed to start a recovery after trading as low as $5.68 against the US Dollar. The current recovery is facing resistance near a major bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX). A break above the highlighted trend line resistance may ignite an upside move. Ethereum Price Hurdle. There was a major decline in Ethereum price against the US Dollar and BTC before starting a recovery. ETH/USD traded as low....
The price of My Neighbor Alice (ALICE) could be set for a major bounce against Tether (USDT) and to hit $5. Related Reading: Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon? Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like My Neighbor Alice bouncing off from their weekly lows. (Data feeds from Binance) Price Analysis Of ALICE On The Weekly Chart From the chart, the price of ALICE saw a weekly low of around $1.9, which bounced from that area and continued in a range of $1.9 -$3. The price has....