Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?
ETH’s price needs to stay above $1,500 for the price to have a chance to rally high to a region of $1,700. ETH’s price continues to trend, creating a more bullish bias as the price aim for $1,700, where the price could face resistance. ETH’s price remains strong, holding key support on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). The crypto market had a good run in the previous week as the price of Ethereum (ETH) leveled up to the expectations of many holding out for the price to continue in its uptrend as many traders looked....
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Ethereum price may trade down if the ETH/USD bulls fail once again to take it close to the $15.00 level moving ahead. Key Highlights. Ethereum price failed once again to trade near the $15.00 level vs the US dollar and moved down. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken during the downside drift. Two failures to trade and break $15.00 suggests that the price is starting to feel the heat in the short term. Ethereum Price to Weaken? Ethereum price ETH yesterday attempted to trade higher, but failed to near the $14.40 level....
ETH’s price struggles to break above key resistance as the price continues to trade in a range mimicking the price of Bitcoin. ETH continues to struggle as price trades close to the demand zone. The price of ETH continues to look indecisive as price trades below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe. The price of Ethereum (ETH) in recent times has looked like it has lost its steam to rally against tether (USDT) as the price has remained in a range-bound movement for over weeks. Despite the uncertainty that has befallen the crypto market in recent....
Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful. The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis The daily chart for SOL shows it is trading at $38.7 below the 50 & 200 exponential moving average....
Ethereum price is struggling to break higher versus the US Dollar. The main reason for the recent failures are explained below. Key Highlights. Ethereum price made many attempts recently to trade higher, but failed to sustain gains against the US Dollar. Actually, there is a major bearish trend line formed on the daily chart of the ETH/USD pair (data feed via SimpleFX), which is stopping gains. As long as the price is below it, the ETH bulls may find it very tough to push the price higher. Ethereum Price Resistance. Ethereum price ETH made another attempt to trade higher recently against....
Ethereum was bullish on its chart today at the time of writing. ETH broke its consolidation phase and rose upwards by 4% over the last 24 hours. The king altcoin secured $1900 as a strong support level. After the coin moved past the $1700 level, the bulls started to show up in the market. The demand for the altcoin also came back into the market after Ethereum moved up and past the $1700 price mark. Continued buying strength can push ETH to trade above the $2000 price level. If the bulls continue to trade above the $2000 price level then the recovery would remain strong in the market.....