Ethereum At A Crossroads: Price Testing The Lower Boundary Of A Key Chart Pat...
Since the beginning of this year, Ethereum has underperformed compared to major digital assets in the market. ETH’s underperformance has sparked concerns within the community, with traders finding it difficult to determine whether the altcoin is gearing up for a major rally or further downside pressure. However, current price action shows that ETH might be […]
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Ethereum price is currently correcting lower and testing a major support, which must hold if ETH/USD has to remain in an uptrend. Key Highlights. ETH price after trading as high as $11.20 against the US Dollar found sellers and corrected lower. There is a crucial bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a major support. The same trend line is also around the 100 hourly simple moving average, acting as a buy area. Ethereum Price Trend Line Support. Ethereum price ETH managed to trade higher once again towards the $11.20 level....
Key Highlights. Dogecoin price is possibly trading at a major crossroads, as there is a range formed on the hourly chart. Secondly, the price is currently testing a monster bearish trend line formed on the 4-hours chart. A break above the highlighted trend line and resistance area may trigger an upside rally. Dogecoin price is above the 100 simple moving average (4-hours chart), which may encourage buyers to break the trend line and resistance area. Break likely? Dogecoin price recovered well recently, as it traded above a major hurdle of 35.0 Satoshis, and the 100 MA on the 4-hours chart....
Bitcoin’s price action has not been encouraging for bulls as of late Following a short-lived bout of trading above $11,000, the cryptocurrency ultimately faced a harsh rejection at $11,200 The decline from these highs has been intense, leading the cryptocurrency to slide down to lows of $10,400 that were revisited this morning BTC now appears to be caught within a trading range with a lower boundary at $10,400 and an upper boundary around $10,600 Traders […]
Ethereum price is currently under a correction mode and testing a support area versus the US Dollar. Can ETH/USD bounce sooner or later? Key Highlights. ETH price after trading as high as $13.34 versus the US Dollar traded lower and currently testing a crucial support. There is a major bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently acting as a support. The 100 hourly simple moving average is also currently providing support and protecting further declines. Ethereum Price Correction. Ethereum price yesterday spiked higher against the US....
Ethereum price managed to bounce a couple of times from the lows and currently attempting to break a major resistance area. Key Highlights. ETH price after a couple of spikes lower against the US Dollar managed to recover. There is a new bearish trend line formed along with a support on the hourly chart (data feed via SimpleFX) of ETH/USD. A break either lower or higher is needed for the next move in ETH/USD. Ethereum Price Bearish Trend Line. Ethereum price ETH struggled during yesterday versus the US Dollar and traded lower on a few occasions. However, the ETH buyers appeared later and....