TA: Ethereum Eyes Key Upside Break, Why Bulls Could Aim Larger Rally
Ethereum was able to clear the $3,800 resistance zone against the US Dollar. However, ETH price failed to gain strength above $3,900 and it is now consolidating gains. Ethereum started a fresh increase above the $3,750 and $3,800 resistance levels. The price is now trading above $3,800 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally if it stays above the $3,800 support zone. Ethereum Price Gains Traction Ethereum settled above the....
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Ethereum is consolidating above the $3,800 support zone against the US Dollar. ETH must clear the $3,900 and $3,950 resistance levels to continue higher in the near term. Ethereum started a fresh increase above the $3,800 and $3,820 resistance levels. The price is now trading above $3,800 and the 100 hourly simple moving average. There was a break above a key contracting triangle forming with resistance near $3,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the key $3,900 resistance zone. Ethereum Price Eyes Upside Break Ethereum....
Ethereum remained stable above the $3,400 level against the US Dollar. ETH price is rising and eyeing an upside break above the $3,550 resistance zone. Ethereum started a fresh increase after it tested the $3,400 support zone. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $3,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady increase if it clears the trend line and $3,550. Ethereum Price Eyes Upside Break Ethereum extended decline below the $3,440....
Ethereum price is eyeing an upside break above $1,650 against the US Dollar. ETH could gain bullish momentum if it clears $1,650 and $1,670 in the near term. Ethereum is slowly moving higher above the $1,620 support zone. The price is trading above $1,640 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $1,650 and $1,670 resistance levels. Ethereum Price Eyes Upside Break Ethereum’s price remained stable....
Ethereum price started a increase from the $1,550 zone. ETH is now rising and might attempt to recover above the $1,650 resistance. Ethereum started a fresh increase above the $1,580 and $1,600 levels. The price is trading above $1,600 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,650 resistance zone. Ethereum Price Eyes Upside Break Ethereum price remained stable above the $1,500 level and started a....
Ethereum price looks like made a minor top above $10.00. If the current price acting is true, then a break of 100 SMA may ignite a larger correction. Ethereum price ETH struggled to retain the bullish bias, and started to correct lower against the US Dollar. There was a drop below the $9.00 level, but the price quickly recovered. The 100 hourly simple moving average is acting as a support for ETH/USD as of writing, and may play a major role for the next move in the near term. If the bulls fail to protect the 100 SMA support area, then a close below it could call for a larger correction in....