Ethereum Price Weekly Analysis – ETH/USD Approaching Break
Ethereum price after the recent losses started finding bids, and it looks like there is a support forming on the downside for a minor correction. Key Highlights. Ethereum price after a solid decline towards the $11.48 level against the US Dollar found support. There is a critical contracting triangle pattern formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which may provide us the next move. There is a chance of the price heading higher towards the 100 simple moving average on the same chart. Ethereum Price Correction. Ethereum price ETH fell sharply this past week against....
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Ethereum price is struggling to trade higher, and approaching a short-term breakout. Can sellers succeed or the bulls will overcome selling pressure? Ethereum price after failing to break the $12.12 level against the US Dollar moved down, and showed a lot of bearish signs lately. The price closed below the 100 hourly simple moving average as well, which suggests that the bulls are struggling to take the price higher. There is a contracting triangle pattern forming on the hourly chart (data feed via Kraken) of ETH/USD, which may be seen as a catalyst for the next move. The highlighted....
Ethereum prices surge from the low of $980 to a high of $1,743 with so much excitement as regards the merge coming up in a few weeks. With the monthly close, there have been high expectations for the Ethereum price to reach a region of $2,000 -$2,400. Ethereum Weekly Chart The Ethereum price surged from the low $1,012 to $1,743 after several weeks of a downtrend. There was a bit of relief bounce from Ethereum haven traded below the 50 & 200 Exponential moving average (EMA). Ethereum, as of writing, is trading at $1,580 after being rejected at $1,722; Ethereum could not break the weekly....
The price of Ethereum (ETH) has struggled to break out of a range against Tether (USDT) after being rejected from key resistance. Ethereum price has seen a relief bounce, with Bitcoin (BTC) rallying after closing the weekly candle with bullish sentiment from a daily low of $23,000 to a region of $24,100 in the early hours. (Data feeds from Binance) Related Reading: TA: Bitcoin Price Could Rally If There Is A Close Above This Key Resistance Price Analysis Of ETH On The Weekly Chart Ethereum’s price saw a weekly close of around $1,720, with a new candle opening bullish ahead of the....
Ethereum price is currently trading in a range against the US Dollar, but with a positive tone and approaching a break soon. Key Highlights. ETH price mostly traded in a range versus the US Dollar during the past few sessions. There is a contracting triangle pattern forming on the hourly chart (data feed via SimpleFX) of ETH/USD, which may provide us a break soon. As long as the price is above the 100 hourly simple moving average, the chances of an upside break are high. Ethereum Price Resistance. Ethereum price after trading as high as $13.32 against the US Dollar started correcting....
ENS price ranges break above 50 EMA on the daily timeframe. ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break. Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With Ethereum Name Service (ENS) facing resistance to breaking above $16, acting as a tough resistance area, the price of ENS continues to trade above daily support as the price aims to break key resistance.....