Ethereum Price Technical Analysis – ETH/USD Continues To Face Hurdles
Ethereum price made an attempt to recover some ground against the USD and BTC, but faced a lot of hurdles on the upside. Key Highlights. ETH price started a minor correction against the US Dollar, but facing sellers near $7.75-80. There is a tiny bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently holding the downside. A break below the trend line support may call for more losses in the short term. Ethereum Price Resistance. There was a downside move in ETH price ve.rsus the US Dollar this past week, taking the price towards $7.34. Later,....
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Ethereum dived towards the $1,700 level before it started a strong recovery against the US Dollar. ETH price is back above $2,000, but it is likely to face hurdles near $2,060. Ethereum extended its decline below $1,800 before it started a steady recovery. The price is still trading below $2,100 and the 100 hourly simple […]
Ethereum price is currently attempting to recover against the US Dollar as ETH/USD faces a major hurdle on the upside at $10.10. Key Highlights. ETH price after declining towards $9.44 against the US Dollar found support. The price is currently recovering, and facing sellers near a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD. The ETH buyers need an encouragement in gaining strength to overcome hurdles on the upside. Ethereum Price Resistance. This past week we saw how there was a decline in ETH price from the $10.80 level to $9.50 area against the US....
Ethereum price ETH popped a few points higher versus the USD, but failed once again to sustain momentum, and traded lower. Key Highlights. ETH price remained under pressure against the US Dollar, as buyers failed to gain momentum. There are a couple of important bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are preventing gains. It looks like buyers are finding it really hard to take the price higher, but sooner or later they will. Ethereum Price Hurdles. Ethereum price ETH struggled to move higher against the US Dollar continued. The ETH bulls....
Ethereum price ETH failed once again near a bearish trend line, which may continue to act as a hurdle for a recovery in ETH/USD. Key Highlights. ETH price continued to face sellers against the US dollar, as yesterday’s resistance area of $11.40 remained intact. Moreover, yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD continued to act as a barrier for the buyers. As long as the price is below the trend line resistance, there can be another dip below the recent low. Ethereum Price Barrier. Ethereum price ETH managed to climb a few points....
Ethereum declined almost 30% and tested the $900 support zone against the US Dollar. ETH price is currently rising, but it is facing a strong resistance near $1,130. Ethereum started a strong decline from well above $1,200 and traded close to $900. The price is recovering nicely from $912, but it facing hurdles near $1,130 […]