Ethereum Price Will Rally If This Happens; What Could That Possibly Be?
ETH’s price shows the first sign of bounce after forming a bullish pattern as the price gets rejected into a descending range channel. ETH bounced off its downtrend movement as the price builds more momentum in a descending triangle with a breakout on either side open. The price of ETH continues in its range movement as the price gets rejected and trades below the 50 and 200 Exponential Moving Averages (EMA). The price of Ethereum (ETH) after its “Ethereum Merge” hasn’t been encouraging as the price has dropped far below the expectations of many. After rallying to....
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Ethereum Price Key Highlights. Ethereum price retreated from its recent rally upon hitting a high of 0.00294 but might be ready to resume its climb soon. Price has pulled back to the moving averages, which might hold as dynamic support areas, and could gather more bullish momentum. Ethereum price is taking a break from its uptrend but might be due to head north again, if the near-term inflection points hold as support. Correction Over? Technical indicators seem to be suggesting that the ethereum price correction is already over, as stochastic made it out of the oversold region and is....
Ethereum extended rally and traded to a new all-time high above $4,800 against the US Dollar. ETH could continue to rise above $4,900 and $5,000 in the near term. Ethereum gained pace above the $4,650 and $4,750 resistance levels. The price is now trading above $4,750 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its rally above the $4,850 resistance in the near term. Ethereum Price Aims More Upsides Ethereum started a fresh increase above the $4,550....
Ethereum extended its rally and traded to a new all-time high at $2,150 against the US Dollar. ETH price is now consolidating gains and it is likely to rally above $2,200. Ethereum is trading nicely in a bullish zone above the $2,050 support. The price is now well above the $2,100 support and the 100 […]
Ethereum Price Key Highlights. Ethereum price had been on a downtrend but is now forming a reversal pattern, signaling that an uptrend might be in the cards. Price still has to test the neckline at the 0.00230 level and make an upside break before confirming the potential rally. Ethereum price seems to be exhausted from its recent selloff, creating a double bottom after failing to break below the 0.00180 area. Bitcoin Price Weakness. Ethereum price took advantage of the bitcoin selloff that took place during the FOMC statement, as the Fed's decision to hike interest rates spurred demand....
Ethereum surged over 5% and surpassed $4,500 against the US Dollar. ETH traded to a new all-time high and it could continue to rise towards $5,000 in the near term. Ethereum gained pace above the $4,450 and $4,500 resistance levels. The price is now trading above $4,400 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it clears the $4,600 resistance in the near term. Ethereum Price Extends Rally Ethereum formed a base above the....