Ethereum Price Weakens—Can Bulls Prevent a Major Breakdown?
Ethereum price started another decline and traded below the $1,880 level. ETH is now consolidating and remains at risk of more losses. Ethereum struggled to continue higher above the $2,000 resistance level. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $1,820 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $1,820 and $1,880 resistance levels to start a decent increase. Ethereum Price Dips Again Ethereum price failed to continue higher above $2,100 and started....
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Ethereum classic price managed to correct higher recently, but remained below a major resistance area, which poses a risk of losses in ETC. Key Highlights. Ethereum classic price managed to recover a few points against Bitcoin, but may fail to sustain gains. There is a support trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may be cleared by sellers moving ahead. A break below the trend line support may ignite a breakdown in ETC/BTC in the short term. Ethereum Classic Price Support. Ethereum classic price ETC after trading as low as 0.0025BTC versus the BTC....
Ethereum price after a lot of struggle finally established a support, and may trade higher once again if the bulls gain control. Key Highlights. Ethereum price after heavy losses this past week against the US Dollar found support below $10.00 and started recovering. There is a major support trend line formed on the daily chart (data feed via Kraken) of ETH/USD, which is acting as a barrier for the bears. As long as the price is above the trend line support, there is a chance of more gains in the near term. Ethereum Price Support. Ethereum price ETH after a downside move against the US....
Ethereum has been closely tracking Bitcoin’s price action over the past couple of weeks, which has opened the gates for it to see some serious weakness Where it trends in the mid-term will depend largely on whether or not bulls can eventually surmount $600 This has proven to be a crucial price region for ETH, and its sustained bout of trading beneath it may strike a serious blow to bulls One trader is now noting […]
Ethereum is now facing a critical test as it trades within a tight range, sitting below the $1,850 resistance and above the $1,750 support. After a strong recovery from the $1,400 level earlier this month, bulls have managed to stabilize price action, but the real challenge is now unfolding. To confirm a sustainable bullish structure, Ethereum must decisively reclaim the $2,000 level in the coming days. Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? Market sentiment remains cautious as Ethereum consolidates below resistance while....
Ethereum is trading at a critical juncture as broader market sentiment turns bullish. After weeks of stagnation and volatility, the second-largest cryptocurrency by market cap is attempting to solidify a bottom. Currently, ETH remains stuck in a tight range between $1,750 and $1,850—a zone that could soon determine its next major move. Bulls are in control of the short-term price action, but a breakout above resistance is essential to confirm a true trend reversal. Related Reading: $380M In Ethereum Leaves Exchanges In 7 Days – Accumulation Trend Accelerates Top analyst Daan shared a....