TA- Ethereum ETH Shows Bearish Signs, Eyes $1,700 As Nearest Support

TA- Ethereum ETH Shows Bearish Signs, Eyes $1,700 As Nearest Support

The price of Ethereum (ETH) has struggled to hold above $2,000 against Tether (USDT) after being rejected from that region.   Ethereum price in the past few weeks outperformed the price of Bitcoin (BTC) but has shown bearish signs indicating the ETH price could be set to retest the nearest support. Related Reading: TA: Ethereum Could Take Hit As The Bulls Show Weak Hands Ethereum (ETH) Price Analysis On The Weekly Chart From the chart, the price of ETH saw a weekly low of $1,700, which bounced from that area and rallied to a price of $2,030 after showing great recovery signs in recent....


Related News

TA: Ethereum Lacks Momentum, Showing Early Signs of a Minor Drop

Ethereum climbed higher nicely from the $425 support zone against the US Dollar. ETH price is struggling to clear the $460 resistance and it could revisit $420 in the near term. Ethereum is showing a few bearish signs below the key $460 resistance level. The price is trading above the $440 support and the 100 […]

TA – Harmony (ONE) Price Shows Bullish Signs – Eyes $0.04

The price of Harmony (ONE) has shown bullish signs and could be set for a major run against Tether (USDT) as it eyes $0.04.  Ethereum price rallied with so much strength from a region of $1,670 to $1,924 ahead of Ethereum merge. This has brought relief bounces for many altcoins including the price of Harmony (ONE). Related Reading: Ethereum Price Forecast Remains Bullish As Network Nears Another Milestone Ethereum merge is an upgrade on the Ethereum network from Proof-Of-Work (POW) to Proof-Of-Stake (POS) so as to increase its network efficiency in transactions. (Data feeds from Binance)....

TA- Dogecoin DOGE Remains Bullish Despite Bearish Signs – Eyes $0.1

The price of Dogecoin (DOGE) has continued to remain strong against Tether (USDT) despite growing bearish market sentiment as other crypto assets continue to decline in price.  Bitcoin has shown bearish signs after being rejected from $25,200, but the price of DOGE has continued to trend higher with eyes set on the $0.1 mark. Related Reading: Bitcoin And Ethereum Retrace Before Crypto Sentiment Could Reach “Greed” Dogecoin (DOGE) Price Analysis On The Weekly Chart From the chart, the price of DOGE saw a weekly low of $0.052, which bounced from that area and rallied to a price of $0.088....

TA: Why Ethereum Below $550 Indicates A Larger Decline Towards $500-520

Ethereum failed to surpass the main $580 resistance against the US Dollar. ETH price is declining and it is showing bearish signs below the $560 and $550 levels. Ethereum topped near the $577 level and started a fresh decline below $565. The price is showing bearish signs below the $550 zone and the 100 hourly […]

Ethereum Price: The Week of Feb. 22-28

Ethereum price has reached psychological resistance. If it breaks through that line, the next stop is likely to occur at the $20 point. Another increase in volatility can provoke the launch of a new Blockchain consortium, which Microsoft will join. ETH/USD. The growth scenario continues. The hidden reversal structure is still intact. The price has failed to form a reversal at the key level of $12.7; it has led to a new upward impulse. When a hidden reversal takes place, the majority of traders usually open their deals at the nearest key lines. The rebounds, in that case, tend to be....