Ethereum Price Technical Analysis – ETH Nosedives, Can It Recover?
Ethereum price registered heavy losses and even closed below the $12.00 handle against the USD. Can the price recover moving ahead? Key Highlights. Ethereum price dived sharply against the US Dollar, and one of the main reasons could be Ethereum classic price surge. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier in pushing the price down. There was a heavy bearish pressure noted on ETH/USD, which could stay here for some time. Ethereum Price Weakness. Ethereum price ETH was under a lot of bearish pressure during....
Related News
Ethereum classic price traded down further versus Bitcoin. ETC broke a major support area and now may decline further. Key Highlights. Ethereum classic price struggle to recover continued against the Bitcoin, and as it traded down further. There was an expanding triangle pattern formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was broken during the recent downside break. The price is now well below the 0.00200BTC support, which may now act as a resistance. Ethereum Classic Price Support Break. Ethereum classic price was seen consolidating above the 0.00198BTC support....
Ethereum classic price after diving yesterday found support at 0.0035BTC. Can ETC recover in the near term or will it move down? Key Highlights. Ethereum classic price collapsed against Bitcoin, as I was thinking and traded as low as 0.0035BTC. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was cleared recently to ignite a recovery. A recovery in ETC may not be easy, as buyers may face a lot of sellers on the upside. Ethereum Classic Price Resistance. Ethereum classic price ETC continued to move down against Bitcoin yesterday, and....
Ethereum classic price continued to face selling pressure versus Bitcoin and declined. Can ETC/BTC recover in the near term? Key Highlights. Ethereum classic price declined against Bitcoin further and traded below the 0.0020BTC level. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is put to test at the moment. The price is currently struggling to clear the 100 hourly simple moving average, which is acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price continued to decline against Bitcoin and even broke....
Ethereum price this week past week weakened, but it looks like ETH/USD found support near an important support of $10.20-00. Key Highlights. Ethereum price after collapsing this past week vs the US Dollar started to recover. The ETH bulls are currently attempting to clear a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a resistance. The price is now above the 100 hourly simple moving average, which is a positive sign. Ethereum Price Recovery. Ethereum price ETH started to decline this past week vs the US Dollar and traded as low as....
Ethereum classic price failed to recover and traded lower against the Bitcoin towards 0.00170BTC. More losses likely moving ahead. Key Highlights. Ethereum classic price failed to recover versus the Bitcoin, and declined below 0.00180BTC. Yesterday’s highlighted new small bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down. The price looks under a lot of bearish pressure, and may decline further. Ethereum Classic Price New Low. Ethereum classic price faced offers lately, and finally showed swing moves against the....