This Key Ethereum Level Needs to Be Flipped to Support Before ETH Can Rally
Ethereum has been facing some intense consolidation throughout the past few days and weeks The cryptocurrency’s price action has done little to offer investors with insights into where it may trend in the near-term It has been closely tracking Bitcoin’s price action, which makes its fate at least somewhat dependent on that of the benchmark cryptocurrency One trader is now noting that a move higher could be imminent, but this possibility is premised upon it […]
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While Bitcoin has been moving sideways after a rejection above $40,000, Ethereum has been running hot from a low of around $1,7000. The second cryptocurrency by market cap trades at $2,702, an area that has been flipped into support after a 10% rally yesterday. Before the crash, ETH has more signs of a strong price […]
Ethereum’s ether stayed above the $372 support and recovered nicely against the US Dollar. ETH price is now struggling to clear $392, above which it could rally significantly. Ethereum started a decent recovery wave after it found support near the $372 level. The price is now trading above $382 and testing the 100 hourly simple […]
Ethereum corrected lower, but it found a strong support near the $465 level against the US Dollar. ETH price is currently rising and it is likely to climb further towards $500. Ethereum is showing a lot of positive signs and it is now well above the $465 support level. The price is trading above the […]
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 […]