Ethereum Could Target $700 Next If Bulls Break This Crucial Resistance
Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […]
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While Bitcoin explodes past $17,000, Ethereum has seen only tempered momentum That being said, the crypto was able to break above a crucial resistance level today, and is trying to gain a footing above $470 This has led one analyst to expect significantly further upside in the near-term He believes that $480 is the next key level that ETH will target, with a break above here being vital for it to see a strong push […]
Ethereum price managed to gain a few points, but struggled to break 100 SMA. Can the bulls manage to break it and take ETH/USD higher? Ethereum price ETH showed a few positive signs during the past couple of sessions, but ETH bulls faced a tough time to break a confluence resistance area near $11.00-10. There is a bearish trend line formed on the hourly chart (data feed via Kraken), which is positioned with the 100 hourly simple moving average to form a confluence area. ETH/USD attempted on a couple of times to break the highlighted confluence resistance area, but failed to break the same.....
Ethereum remained well bid above the $1,500 level against the US Dollar. ETH is rising and might soon clear the $1,600 resistance zone. Ethereum tested the $1,500 support zone and started a steady increase. The price is now trading above $1,560 and the 100 hourly simple moving average. There was a break above a crucial bearish trend line with resistance near $1,560 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $1,600 and $1,620 resistance levels. Ethereum Price Gains Pace Ethereum remained well bid after it tested the $1,500 support....
Ethereum formed a base near $1,740 and started a recovery wave against the US Dollar. ETH is now facing a major resistance near the $1,900 zone. Ethereum started a recovery wave above the $1,800 and $1,820 levels. The price is now trading above $1,820 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,900 and $1,920 resistance levels to continue higher. Ethereum Price Eyes Upside Break Ethereum extended decline below the $1,800 level.....
Ethereum price had a good week against the US Dollar. Going forward, we need to see whether it can continue to gain pace or correct lower. Key Highlights. Ethereum price surged higher this past week against the US Dollar, as the Hard Fork aftermath was a success. There is a bullish trend line formed on the daily chart (data feed via Kraken) of ETH/USD, which acted as a support on many occasions. Currently, the ETH/USD pair is currently facing as a major resistance around the $15.00 level. Ethereum Price Resistance. Ethereum price ETH gained heavily this past week against the US Dollar and....