Ethereum Drops Below Crucial Technical Pattern and Must Hold $430
Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern. It is still in a decent spot on a weekly time frame though may face an intra-day pullback, the chart suggests. “$ETH $ETHUSD #Ethereum – […]
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Ethereum (ETH) has witnessed a notable resurgence, reclaiming ground after hitting a crucial support level at $1,500. As traders analyze the daily time frame, it becomes evident that this resurgence may signify the formation of a bullish reversal pattern, known as a double bottom. A double bottom is a classic technical analysis pattern that often […]
Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels. Ethereum is showing a few positive signs and it is trading nicely above $1,750. The price is now well above $1,750 and the 100 hourly simple moving […]
Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. ETH will need to hold a crucial support level in the $300 range, then decisively surmount the year-to-date highs around the high-$400s. Institutions are getting bullish alongside technical analysts. Grayscale Investments recently revealed that it has accumulated 2% of […]
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Ethereum is stuck in a crucial range above the $382 support against the US Dollar. ETH price could either jump above $392 or it might nosedive below $380. Ethereum is struggling to stay above the key $382 and $380 support levels. The price is currently trading in a range above the $382 support and below […]