Ethereum Price Eyes Key Breakout—Will Momentum Lead to a Surge?
Ethereum price is showing positive signs above the $2,620 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is still showing positive signs above the $2,600 zone. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,725. Ethereum Price Remains Supported Ethereum price attempted a fresh increase above the $2,750 level, beating....
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Ethereum gained momentum above $1,650 after bitcoin’s surge against the US Dollar. ETH price is still struggling near $1,760, but it is likely to break higher. Ethereum rallied above $1,650 and it traded to a new all-time high near $1,777. The price is now trading well above $1,650 and the 100 hourly simple moving average. […]
Ethereum Price Key highlights: Ethereum price is starting to make a downside break from the previous triangle consolidation pattern highlighted. This suggests that selling momentum is starting to pick up once more, potentially yielding further declines. Ethereum price has moved below the previous intraday support at 0.00250BTC, setting the stage for a potential drop to the next support at 0.00230BTC. New record lows? Increased selling momentum could take the price down to its record lows at around 0.00210BTC in mid-August this year or even lead to the creation of new lows. The 100 SMA is....
Ethereum started a strong surge above $600 and $620 against the US Dollar. ETH price tested the $650 resistance zone and it is currently correcting gains. Ethereum gained bullish momentum after it broke the $600 resistance level. The price is up more than 10% and it is now well above the 100 hourly simple moving […]
Ethereum‘s renewed price momentum appears to be slowing down as bears have taken control of the market once again. Despite the waning price strength, several crypto analysts are still bullish about the crypto asset’s trajectory, predicting that ETH could be set to rally in the short term. Ethereum Primed For Explosive Growth The price of […]
Ethereum started a strong increase above $470, similar to bitcoin above $17.5K against the US Dollar. ETH price is trading above $490 and it is likely to surge above $500. Ethereum is trading with a strong bullish momentum above the $470 and $485 support levels. The price is approaching the $500 barrier and it is […]