Ethereum Price Technical Analysis – ETH/USD Continues To Face Sellers

Ethereum price fell further, as the Eth sellers were seen in control. Going forward, there are chances of additional downsides in the short term. Key Highlights. ETH price continued to face sellers versus the US Dollar, and may move down further. There are two bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are acting as a resistance. It looks like the pair may easily head towards the $11.60 level where the bulls may appear. Ethereum Price Resistance. Ethereum price remained under heavy selling pressure against the US Dollar this past week. I....

Ethereum price continued to remain under a bearish pressure, and if it increases, ETH could weaken further in the near term. Key Highlights. Ethereum price remained under a bearish pressure against the US dollar, and may face sellers in the short term. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier for the pair and pushed it down. The price is currently above the $10.20 support area, but a break below could ignite more downsides. Ethereum Price Barrier. Ethereum price ETH struggle continues against the US Dollar,....

Ethereum classic price faced a lot of offers recently versus Bitcoin, and it may continue to face sellers in the near term. Key Highlights. Ethereum classic price continued to weaken against Bitcoin and looks set for more losses moving ahead. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a hurdle if the price recovers. It looks like the ETC may decline further and test the all-important 0.0020BTC level. Ethereum Classic Price Decline. Ethereum classic price failed to move higher against Bitcoin and traded lower. In my last....

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,....

Ethereum Price Key Highlights. Ethereum price moved down further and traded below the last week's low to set a new low of 0.00251BTC. There is a bearish trend line formed on the hourly chart, acting as a hurdle for buyers in the short term. There is a risk of more losses, as sellers look in control of the situation. Ethereum price continued to weaken as the price fell to a new low of 0.00251BTC where buyers appeared. Can Sellers Remain in Control? There was a lot bearish pressure noted on the Ethereum price recently, which took the price towards 0.00250BTC. There were a couple of nasty....