TA: Ethereum Bulls Keep Pushing, Why Rally Isn’t Over Yet
Ethereum is moving higher above $3,050 against the US Dollar. ETH price is trading in the green zone and might surge above $3,150. Ethereum is slowly rising and showing positive signs above the $3,000 support zone. The price is now trading above $3,050 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating near $3,150 and might extend rally in the near term. Ethereum Price Eyes More Upsides Ethereum remained well bid above the $2,950 support zone. ETH....
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Ethereum started a fresh increase above the key $2,000 resistance zone against the US Dollar. ETH price could correct lower, but the bulls are likely to remain active near $2,000. Ethereum is showing positive signs above the $2,000 and $2,050 support levels. The price is now well above $2,000 and the 100 hourly simple moving […]
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Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar. ETH price is consolidating gains and it seems like it could rally further above $420. Ethereum gained bullish momentum above the $400 and $410 resistance levels. The price traded to a new monthly high at $422 and settled above […]
Ethereum has witnessed some intense selling pressure following its latest push higher, with bulls trying to defend $600 as bears aim at pushing it below this level The selling pressure here has proven to be quite intense throughout the past few days, but bulls have been able to absorb all of it and continue pushing it higher Where the rest of the market trends in the near-term will depend largely on the $600 level and […]