Ethereum Must Hold $1,500 Or Risk A Decline To $1,300

Ethereum Must Hold $1,500 Or Risk A Decline To $1,300

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below.  Ethereum Needs To Hold $1,500 Now that the digital asset has been beaten down back below $1,600, support has moved lower. $1,500 is currently serving as the support level for Ethereum at this point. This now makes it the level to hold for bulls and the level....


Related News

TA: Ethereum Near Make-or-Break Levels, Why There’s Risk of Sharp Decline

Ethereum’s ether traded below the $388 and $380 support levels against the US Dollar. ETH price is now testing $372 and it remains at a risk of more downsides. Ethereum extended its decline below the $392 and $388 support levels. The price is now trading well below $380 and the 100 hourly simple moving average. […]

TA: Ethereum At Risk of A Sharp Decline If It Breaks $365 Support

Ethereum faced a strong rejection above $380 against the US Dollar. ETH price is now at a risk of a sharp decline if it breaks the key $365 support in the near term. Ethereum struggled to gain momentum above the $380 and $382 levels. The price declined sharply below the 100 hourly simple moving average, […]

TA: Ethereum Resumes Decline, What Could Trigger Drop Below $2K

Ethereum remains in a bearish zone and it traded below $2,250 against the US Dollar. ETH price remains at a risk of more downsides below $2,000 in the near term. Ethereum extended its decline below the $2,250 and $2,150 levels. The price is now trading well below $2,250 and the 100 hourly simple moving average. […]

Ethereum Price Falls Below Critical Level, Will It Hold $1,000?

Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see it retest the $1,500 resistance. But this would only last just a little above $1,200....

TA: Why Ethereum (ETH) Topside Bias Vulnerable Unless It Surges Past $2K

Ethereum is facing an uphill task near the $2,000 zone against the US Dollar. ETH price remains at a risk of a larger decline below the $1,800 support zone. Ethereum started a fresh decline after it failed to surpass the $2,000 resistance zone. The price is still trading well below the $2,000 resistance and the […]