TA: Ethereum Corrects Sharply, Why ETH Could Struggle To Reclaim $1,800

Ethereum started a major decline from well above $4,000 against the US Dollar. ETH price is now correcting losses from $3,500, but it could struggle near $4,050 and $4,100. Ethereum topped near the $4,375 before staring a downside correction. The price declined heavily below $4,000 and the 100 hourly simple moving average. There was a […]

Ethereum faced an increase in selling and it declined sharply to $550 against the US Dollar. ETH price is correcting higher, but upsides are likely to remain capped near $595 and $600. Ethereum declined sharply below the $600, $595 and $580 support levels. The price is now recovering from $550, but it is below the […]

Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the crypto’s price has continued to struggle. Bitcoin Weekly Hashrate Sharply Trends Downward The “mining hashrate” is an indicator that measures the total amount of computing power connected to the BTC network. When the value of this metric rises, […]

Bitcoin price formed a double top pattern near $19,500 and corrected lower against the US Dollar. BTC is now trading below $18,500 and it could test the $18,000 support or $17,600. Bitcoin failed again to clear the $19,500 resistance and started a sharp downside correction. The price declined sharply below the $19,000 level and the […]

Key Highlights. Dash price fell sharply as forecasted in Yesterday's technical analysis, as there was a crucial break noted. The downside stalled around 0.0116BTC, representing an important support area. Buyers are in control, which is why selling rallies might not be a bad idea in the short term. Dash price moved lower sharply once sellers managed to gain pace. Looking ahead, the broken support at 0.0120BTC could act as a hurdle. 0.0120BTC as a Resistance. Dash price Intraday breached an important support area at 0.0120BTC, which represents a major pivot area for both buyers and sellers.....