Ethereum Price Technical Analysis – $13.00 Is Major Hurdle
Ethereum price after trading as low as $12.53 started recovering against the US dollar, but finding sellers near a major hurdle of $13.00. Key Highlights. ETH price is attempting to move higher once again versus the US Dollar, but struggling near the $13.00 resistance. There is a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a resistance. Only a break above it could put the price back in the bullish area in the short term. Ethereum Price Resistance. Ethereum price mostly traded in a range during the past few sessions against the US....
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Ethereum price recent recovery faced sellers, and it looks like the ETH/USD pair is facing a major hurdle on the way up towards $8.00-20 Key Highlights. Ethereum price after correcting towards $8.80 against the US Dollar found resistance and traded lower. There is a crucial bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which is acting as a hurdle for more upsides. As long as the price is below it, there is a risk of more declines in the near term. Ethereum Price Resistance. It looks like it won’t be an easy task for Ethereum price to remain in control....
Ethereum price has started a recovery against the US dollar, but it faces a major resistance on the upside, making buyers nervous. Key Highlights. Ethereum price started a recovery against the US Dollar, and found support just above $9.00. There is a monster bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which may act as a resistance. The 100-day simple moving average is also on the upside to act as a hurdle for the ETH buyers. Ethereum Price Upside Hurdle. ETH price after a crash towards the $9.20 level against the US Dollar found support, and started....
Ethereum price dived sharply during the past two sessions. ETH/USD broke a major support, which may now act as a sell zone. Ethereum price ETH failed to move higher during the past couple of sessions against the US Dollar and traded lower. Yesterday, I highlighted contracting triangle pattern on the hourly chart (data feed via Kraken) of ETH/USD, and was looking for a break. The price instead of moving higher, moved down and broke a major support area of $8.00-$7.80. The price traded as low as $7.26, and attempted a recovery once. However, ETH found offers near the 23.6% Fib retracement....
Ethereum price after weakening started trading in a range. It looks like it is facing a tough resistance on the upside, which is stalling gains. Key Highlights. Ethereum price after a decline against the US Dollar started a consolidation below a major resistance area. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be seen as a major barrier for an upside move. The price is below the 100 hourly simple moving average, which is also acting as a resistance zone. Ethereum Price Resistance. Ethereum price ETH after moving a few points below....
Ethereum price remained under a major resistance trend line against the US Dollar, and it looks like ETH/USD may continue to face sellers on the upside. Key Highlights. ETH price after trading a few points higher found resistance and traded lower. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is acting as a perfect barrier for an upside move. A break above it is needed for the ETH buyers to take control and push the price higher. Ethereum Price hurdle. I have been tracking a monster bearish trend line on the hourly chart (data feed via....