Ethereum Price Technical Analysis – ETH/USD Facing Imp Resistance
Ethereum price formed a weekly low below $7.00 against the US dollar. The ETH/USD pair is currently recovering, but facing resistance near $7.20. Key Highlights. ETH price after declining towards the $6.83 level against US Dollar stated correcting higher. There is a major resistance area near a bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD at $7.20. As long as the pair is below the highlighted resistance area, it won’t be easy for the bulls to take the price higher. Ethereum Price Upside Barrier. There were further declines in ETH price, as it moved down below....
Related News
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 is facing a hurdle in the form of a bearish trend line, and if it holds ETH/USD may trade down once again. Key Highlights. Ethereum price after trading as low as $11.79 vs the US Dollar found buyers, and started to recover. However, yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is acting as a resistance. As long as the price is under the trend line, it remains at a risk of more declines in the near term. Ethereum Price Resistance. Ethereum price ETH just managed to gain bids near the $11.80 support area vs the US Dollar....
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 is finding it very tough to break a bearish trend line on the hourly chart. Let us see whether ETH can succeed in breaking it or not. Key Highlights. Ethereum price is struggling a lot against the US Dollar, as it is facing a major resistance on the upside. The bearish trend line I have been following this week on the hourly chart (data feed via Kraken) of ETH/USD is acting as a tough resistance for the bulls. The price is also finding offers near the 100 hourly simple moving average, positioned around the same trend line. Ethereum Price Trend Line Resistance. Ethereum price....
Ethereum price declined during the past 24 hours against the US Dollar. Can this be the last decline before a reversal? Key Highlights. ETH price fell further against the US Dollar and formed a new low of $11.14 for this week. Yesterday’s highlighted resistance area in the form of a channel pattern on the hourly chart (data feed via SimpleFX) of ETH/USD acted as a perfect resistance. The pair remains below a crucial resistance, which can be a hurdle for a recovery. Ethereum Price Resistance. Ethereum price struggle to clear the $11.50-60 resistance area continued this week. My yesterday’s....