Ethereum Price Technical Analysis – ETH/USD Rallies From $9.00
Key Highlights. ETH price after a sharp downside move found support near $9.00 against the US Dollar, and started recovering. There was a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which was broken during the recent upside move. The price traded higher, and currently finding sellers near the $9.80-10.00 area. Ethereum price after yesterday’s collapse found support near $9.00 against the US Dollar. The ETH/USD is now back higher and in the bullish zone. Ethereum Price Upside Move. We saw yesterday how there was a sharp decline in ETH price against the....
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Ethereum Price Key Highlights. Ethereum price completed the head and shoulders formation on its 1-hour time frame and successfully broke below the neckline, indicating that bears are in play. A small pullback to the broken neckline and trend line support occurred yesterday, before ethereum price regained downside momentum and went on to break below the previous day lows. Ethereum price might have its sights set on the yearly lows around 0.00150BTC if the bearish momentum keeps up. Bitcoin Leading the Charge. The consecutive rallies in bitcoin price have been mostly responsible for the....
Bitcoin moved towards $22,000 to start the weekend, as prices consolidated following Friday’s gains. Price uncertainty has heightened in crypto in the aftermath of recent rallies, which has pushed several tokens towards overbought territory. Ethereum also slipped on Saturday. Bitcoin Bitcoin (BTC) prices fell on Saturday, as price uncertainty in crypto markets continued to heighten following recent gains. The world’s largest cryptocurrency fell by over $1,000 in the past 24 hours, hitting an intraday low of $22,418.08 in the process. Friday saw bitcoin trading at a peak of....
Ethereum Price Key Highlights. Ethereum price continued to move lower, as sellers remained in control. The price declined heavily and traded as low as 0.00157BTC where it found buyers. There is a monster resistance formed near 0.00184BTC where sellers are likely to appear one more time. Ethereum price remained under the bearish pressure, and it is likely that it might continue to move lower in the near term. Sell Rallies? The Ethereum price decline was the highlight recently, as there was almost no stopping the sellers. The price fell and traded as low as 0.00157BTC where buyers barely....
Ethereum classic price fell during the past few hours and it looks like under a lot of bearish pressure versus Bitcoin at the moment. Key Highlights. Ethereum classic price finally broke down against Bitcoin and tested the 0.00218BTC support. There was a close below yesterday’s stated support area of 0.00225BTC in ETC/BTC. The same broken support area may now act as a resistance if the price moves higher from the current levels. Ethereum Classic Price Resistance. Ethereum classic price as seen trading in a range against Bitcoin before the price started moving down. Yesterday’s highlighted....
Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s largest cryptocurrency snapping a six-day losing streak. Following a low of $38,235.74 earlier in today’s session, BTC/USD surged beyond its resistance level at $40,000 as crypto prices rebounded across the board. As of writing, BTC/USD is up nearly 9% on the day, hitting an intraday high....