TA: Ethereum is Showing Early Signs of Fresh Rally, But 100 SMA is the Key
Ethereum started a fresh increase above the $3,750 level against the US Dollar. ETH price is now struggling to gain pace above the $3,850 zone. Ethereum started a steady increase above the $3,700 zone and $3,750. The price is trading above $3,750 and the 100 hourly simple moving average. There is a key bullish trend lien forming with support near $3,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the 100 hourly SMA to avoid a fresh decline in the near term. Ethereum Price Starts Decent Increase Ethereum formed a base above $3,600 and started a fresh....
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Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average. […]
Bitcoin price started a fresh increase from the $11,260 low against the US Dollar. BTC must settle above $11,600 to continue higher towards $11,800 and $12,000. Bitcoin is showing a few positive signs above the $11,450 and $11,500 levels. The price is currently facing hurdles near $11,560, but it is above the 100 hourly simple […]
Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. The price is now trading well below $1,100 and the 100 hourly simple […]
Ethereum started a fresh recovery wave above $385 against the US Dollar. ETH price is showing positive signs and it could rally above $400 and $402 in the near term. Ethereum is trading in a positive zone above the key $392 and $395 support levels. The price even spiked above the $400 resistance and settled […]
Ethereum is showing positive signs above the $1,550 zone against the US Dollar. ETH could start a fresh rally unless it breaks the $1,550 support zone. Ethereum is consolidating and is showing positive signs above the $1,550 support zone. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $1,600 and $1,620 levels. Ethereum Price Remains Supported For Gains Ethereum remained well bid....