Ethereum Price Technical Analysis – ETH/USD Bullish Formation
Ethereum price is back in the bullish zone after a mild correction against the US Dollar, and it looks like ETH/USD may break $10.65 soon. Key Highlights. ETH price gained pace after a correction towards the $10.35 support against the US Dollar. This week’s highlighted connecting resistance trend line on the hourly chart of ETH/USD (data feed via SimpleFX) is still acting as a resistance near $10.65. The price may once again correct a few points down before making an attempt to break $10.65. Ethereum Price Resistance. There was a minor correction initiated in ETH price against the US....
Related News
Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buyers have regained control, and a break above $4,000. Ethereum Structure Break And The $1,500 Turnaround Point Crypto analyst SwallowAcademy, in a recent technical breakdown of Ethereum’s weekly candlestick chart, noted that buyers have successfully initiated a clean market structure....
Ethereum reclaimed a significant technical level in the latest 24-hour trading session, with its price crossing above the $2,800 mark and briefly touching $2,870. This interesting cross makes it the first time since February 2025 that Ethereum has traded above the $2,800 threshold. The move comes amid rising bullish momentum flowing out from Bitcoin, and according to recent analysis from a crypto expert, this could be just the beginning of a much larger rally for Ethereum. Technical Pattern Says Ethereum Could Be Close To $20,000 An interesting technical formation on Ethereum has now....
In recent months, the Chainlink price hasn’t quite been able to replicate the bullish strength it showed at the start of the year. And the past week was a prime example of the coin’s recent struggles, as the bulls failed to completely stamp control over the last seven-day period. However, it appears that the LINK price inconsistencies might be coming to an end soon, as a popular crypto analyst has identified a bullish pattern on the token’s price chart. How LINK Price Could Soar 48% To Reach $19 Prominent crypto analyst Ali Martinez has shared — via a post on X — an exciting....
Ethereum (ETH) has witnessed a notable resurgence, reclaiming ground after hitting a crucial support level at $1,500. As traders analyze the daily time frame, it becomes evident that this resurgence may signify the formation of a bullish reversal pattern, known as a double bottom. A double bottom is a classic technical analysis pattern that often […]
Ethereum price is currently struggling against the US dollar, but as long as it is above the $10.80 level it may bounce again. Key Highlights. Ethereum price failed to retain the bullish bias against the US Dollar and faced offers near $11.50. The ETH/USD pair fell down, and currently facing as a major resistance in the form of a bearish trend line on the hourly chart (data feed via Kraken). There is a chance of a double bottom pattern on the hourly chart, which may take the price higher. Ethereum Price Support. Ethereum price ETH climbed higher yesterday and broke the 100 hourly simple....