Ethereum’s price action has been closely correlated to that of Bitcoin, which has caused it to see a bout of consolidation It was able to post an incredibly strong move higher yesterday that allowed it to break its $380 resistance This level has been a pivotal one for Ethereum for the past several months, and the break above it holds serious technical significance That said, it is now imperative that the cryptocurrency stabilizes above this […]
Ethereum has recently started to break higher against Bitcoin. ETH is up around 15% against BTC over the past week. Its rally has shown analysts that there may be a time for altcoins to rally in the coming weeks or months. Key technical signs show that Ethereum will continue to rally against Bitcoin. Ethereum Is Poised to Break Higher Against Bitcoin, Key Technicals Show Ethereum has recently started to break higher against Bitcoin. Prior to […]
Ethereum price slowly and steadily moved higher this past week, and if it breaks 100 SMA (H4 chart), then more gains are likely. Key Highlights. Ethereum price traded with a positive tone this past week versus the US Dollar, and moved above the $14.00 resistance area. There is a bullish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The price is currently trading below the 100 simple moving average (H4), which holds the key for the next break in ETH. Ethereum Price Rise. Ethereum price ETH managed to gain bids this past week and....
Ethereum has dramatically underperformed Bitcoin over the past two weeks. The coin has gained 13% in the past two weeks while BTC has gained 20%. Analysts think that the gap may begin to close shortly. One trader noted that there are a number of technical signals derived from the Ichimoku Cloud indicator suggesting Ethereum will move higher. Ethereum Forms Pivotal Bull Signals Ethereum has dramatically underperformed Bitcoin over the past two weeks. The leading crypto […]
Ethereum strongly underperformed Bitcoin during BTC’s move to $16,000. In fact, for most of the rally from $13,000 to $16,000, ETH was trading for $380-400, failing to break higher. But after BTC has begun to consolidate, ETH has finally started to break higher. Ethereum currently trades for $440, up 10% in the past 24 hours […]