TA: Ethereum Trims Gains, Why ETH Could Restart Its Rally
Ethereum failed to stay above $2,400 and started a major correction against the US Dollar. ETH price is now approaching the key $2,100 and $2,080 support levels Ethereum failed to gain pace above $2,400 and it started a downside correction. The price is now trading below $2,200 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $2,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong buying interest near the $2,100 and $2,000 support levels. Ethereum Price Corrects Lower Ethereum started a....
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Ethereum corrected gains from the $2,640 zone against the US Dollar. ETH price is now trading above a major support at $2,500 and the 100 hourly SMA. Ethereum failed to clear $2,650 and started a downside correction. The price is now trading above $2,500 and the 100 hourly simple moving average. There is a key […]
Ethereum corrected lower and tested the $1,250 support zone against the US Dollar. ETH price is consolidating above $1,280 and it looks set for a fresh increase in the near term. Ethereum is holding gains above the $1,250 and $1,280 support levels. The price is currently correcting lower from $1,385, but it is above the […]
Ethereum traded to a new all-time high above $4,200 before correcting lower against the US Dollar. ETH price is now trading well below $4,000, with a few bearish signs. Ethereum extended its rally above $4,000 and it traded to a new all-time high near $4,215. The price is now correcting below $4,000 and testing the […]
All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if there could be spillover effect and additional FUD that could on the ongoing recovery in play. But it is in the Tencent chart itself that suffered a devastating collapse today that should have Ethereum bulls worried due to a frightening comparison between the two. Making matters worse, knocking on wood won’t help, as the Lumber futures chart could help shed a light....
Ethereum traded to a new all-time high at $2,646 before correcting lower against the US Dollar. ETH price is now trading below $2,300, but it is likely to remain well bid above $2,000. Ethereum rallied to a new all-time high near $2,646 before correcting lower. The price is now trading well below $2,300 and the […]