Ethereum Price Upside Heats Up — $2,500 Barrier in Focus
Ethereum price started a major increase above the $2,350 zone. ETH is now showing positive signs and might aim for more gains above $2,380. Ethereum started a steady upward move above the $2,320 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,380 zone. Ethereum Price Aims Fresh Gains Ethereum price extended its upward move after it cleared the $2,250 zone, like Bitcoin. ETH price was....
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Ethereum price continued to remain under a bearish pressure, and if it increases, ETH could weaken further in the near term. Key Highlights. Ethereum price remained under a bearish pressure against the US dollar, and may face sellers in the short term. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier for the pair and pushed it down. The price is currently above the $10.20 support area, but a break below could ignite more downsides. Ethereum Price Barrier. Ethereum price ETH struggle continues against the US Dollar,....
Ethereum price after weakening started trading in a range. It looks like it is facing a tough resistance on the upside, which is stalling gains. Key Highlights. Ethereum price after a decline against the US Dollar started a consolidation below a major resistance area. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be seen as a major barrier for an upside move. The price is below the 100 hourly simple moving average, which is also acting as a resistance zone. Ethereum Price Resistance. Ethereum price ETH after moving a few points below....
Ethereum price after setting a short-term top versus the US Dollar at $12.50 started correcting lower and may extend the current wave. Key Highlights. Ethereum price rocketed higher this past week versus the US Dollar, but found resistance near $12.50. There is a major bearish trend line formed on the daily chart of the ETH/USD pair (data feed via SimpleFX), which acted as a barrier for more gains. The price may correct a few more points in the near term, but remain in an uptrend. Ethereum Price Correction. Ethereum price ETH this past week enjoyed a decent upside ride versus the US Dollar....
Brazil-based cryptocurrency asset management platform, Hashdex has applied for the approval of a dual ETF, consisting of both Bitcoin and TH, the world’s largest cryptocurrencies. This development comes as the Spot Ethereum ETF race heats up in anticipation of an official debut before the end of the year. Hashdex Files Combined Bitcoin And Ethereum ETFs […]
Ethereum price started recovering Intraday against the US Dollar, but it looks like the upside may stall as there is a major resistance around $13.50. Key Highlights. Ethereum price after moving below the $12.00 support area against the US Dollar started recovering. However, the ETH/USD pair is heading towards a major resistance area around the $13.50 level. This week’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still intact and may act as a barrier for the buyers. Ethereum Price Resistance. Ethereum price ETH after falling close to the $11.30....