Ethereum Dives Sharply – $4,000 Break Sparks Concerns Of Extended Downtrend
Ethereum price started a fresh decline below $4,050. ETH is now struggling and might decline further if it breaks the $3,850 support zone. Ethereum failed to extend gains and declined below the $4,000 zone. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below $3,880 and $3,850. Ethereum Price Dips Further Ethereum price remained in a bearish zone after it settled below $4,250, like Bitcoin.....
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Ethereum price declined sharply as two Bitcoin exchanges in China suspended withdrawals. ETH/USD is under heavy pressure, and may decline further. Key Highlights. ETH price after initiating a break yesterday at $11.30 against the US Dollar started a downtrend. Yesterday’s highlighted bearish trend line on the hourly chart of ETH/USD (data feed via SimpleFX) acted as a barrier at $11.20 and pushed the price down. The price traded sharply lower, and also broke the last swing low at $10.80. Ethereum Price Decline Initiated. Yesterday, there were signs of a downtrend in ETH price against the....
Ethereum extended decline below the $3,000 support zone against the US Dollar. ETH price could extend losses towards the $2,650 support in the near term. Ethereum extended decline below the $3,050 and $3,000 support levels. The price is trading below $3,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a clear move below the $2,800 support zone. Ethereum Price Dives 8% Ethereum failed to gain strength above the $3,250 level....
Ethereum is down over 5% and it broke the $1,600 support zone against the US Dollar. ETH price must stay above $1,550 to avoid more losses in the coming sessions. Ethereum extended its decline after it failed to recover above the $1,750 resistance level. The price is currently trading well below $1,600 and the 100 […]
Ethereum price remained a slow and steady downtrend against the US Dollar. More losses are likely in ETH/USD, as long as price is below $10.50. Key Highlights. ETH price extended the recent correction against the US Dollar and moved below the $10.40 level. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is active on the upside and acting as a resistance near $10.45. It looks like the pair is slowly moving down, and may continue its decline towards $10.20. Ethereum Price Decline and Resistance. We recently saw a minor top in ETH price....
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level. Ethereum started a decent increase above the $2,350 resistance zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 and $2,550 resistance levels to continue higher. Ethereum Price Rallies 10% Ethereum price extended losses below $2,200 before the bulls appeared, like....